{
  "title": "Senegal: Third Review Under the Policy Support Instrument and First Review and Augmentation of Access Under the Exogenous Shocks Facility: Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Senegal",
  "publication": "IMF Staff Country Reports, July 9, 2009",
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  "summary": "This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) for Senegal. The budgetary slippages, which had seriously affected the economy and put Senegal’s PSI-supported program at risk, have been successfully addressed.",
  "publishDate": "2009-07-09",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: July 9, 2009\n- This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) for Senegal.\n- A temporary fiscal easing relative to earlier program targets is envisaged for 2009 to help counter the impact of the external shock.\n- Also available in French."
    },
    {
      "heading": "Key findings",
      "content": "- The budgetary slippages, which had seriously affected the economy and put Senegal’s PSI-supported program at risk, have been successfully addressed.\n- In line with program commitments, the government’s unpaid bills have been substantially reduced.\n- Far-reaching public financial management reforms have been launched."
    },
    {
      "heading": "Policy actions and program implications",
      "content": "- Temporary fiscal easing for 2009 is envisaged as a response to the external shock.\n- Continued implementation of public financial management (PFM) reforms to secure program objectives and fiscal stability.\n- Reduction of government unpaid bills consistent with program commitments to restore fiscal credibility."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Budget planning and preparation; Expenditure; External debt; Fiscal policy; Fiscal stance; Government debt management; Public debt; Public financial management (PFM)\n- Keywords: CR; deficit; ESF arrangement; financial support; Fiscal stance; Global; Government debt management; ISCR; outlook from negative; Senegal; Senegal's outlook; staff appraisal; staff recommendation; West Africa\n\n---\n\n Content in this bundle\n\n- cr09205\n  - cr09205 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr09205 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr09205f\n  - cr09205f (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr09205f (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/senegal-third-review-under-the-policy-support-instrument-and-first-review-and-augmentation-23071"
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    "Published: July 9, 2009",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451834116.002",
    "Publication date: July 9, 2009",
    "This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) for Senegal.",
    "A temporary fiscal easing relative to earlier program targets is envisaged for 2009 to help counter the impact of the external shock.",
    "Also available in French.",
    "The budgetary slippages, which had seriously affected the economy and put Senegal’s PSI-supported program at risk, have been successfully addressed.",
    "In line with program commitments, the government’s unpaid bills have been substantially reduced.",
    "Far-reaching public financial management reforms have been launched.",
    "Temporary fiscal easing for 2009 is envisaged as a response to the external shock.",
    "Continued implementation of public financial management (PFM) reforms to secure program objectives and fiscal stability.",
    "Reduction of government unpaid bills consistent with program commitments to restore fiscal credibility.",
    "Subject: Budget planning and preparation; Expenditure; External debt; Fiscal policy; Fiscal stance; Government debt management; Public debt; Public financial management (PFM)",
    "Keywords: CR; deficit; ESF arrangement; financial support; Fiscal stance; Global; Government debt management; ISCR; outlook from negative; Senegal; Senegal's outlook; staff appraisal; staff recommendation; West Africa",
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