Senegal: Fiscal Transparency Evaluation
IMF Staff Country Reports, January 30, 2019
Source details
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- Senegal: Fiscal Transparency Evaluation
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Bibliographic details
- Published: January 30, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484397084.002
Summary findings
- The paper presents results of a fiscal transparency evaluation (FTE) in Senegal.
- The evaluation puts forward a number of recommendations to improve fiscal transparency and strengthen the fiscal risk management framework.
- Practical examples are included in the report to support recommendations and facilitate implementation.
- Fiscal and accounting reforms undertaken in the past few years can be expected to enhance fiscal transparency in the medium term.
- The FTE finds that Senegal is positioned at the average level for countries of similar income and institutional capacity.
Recommendations and Action Plan
- Recommendations relate to five objectives and are accompanied by an Action Plan.
- Practical examples have been included to back the various recommendations and facilitate their implementation.
Fiscal reporting and the IMF Fiscal Transparency Code
- The paper highlights that fiscal reporting practices in Senegal can be improved in light of the IMF’s Fiscal Transparency Code.
Project appraisal, selection mechanisms, and public information
- Project appraisal and selection mechanisms have recently been revamped.
- There is now more information regarding project feasibility available to the general public.
Subject areas and keywords
- Subject: Budget planning and preparation, Expenditure, Fiscal law, Fiscal policy, Fiscal risks, Public debt, Public financial management (PFM)
- Keywords: annual budget, balance sheet, budget law, Budget planning and preparation, capital stock, central government, CR, Fiscal law, Fiscal risks, fiscal year, ISCR, natural resources, quantitative analysis, state-owned enterprise, Sub-Saharan Africa, West Africa
Content in this bundle
- Country Report