Senegal: Sixth Review Under the Policy Support Instrument and Request for Modification of an Assessment Criterion—Staff Report; Informational Annex; Press Release and Executive Director’s Statement

January 8, 2014

Preview Citation

Format: Chicago

Senegal: Sixth Review Under the Policy Support Instrument and Request for Modification of an Assessment Criterion—Staff Report; Informational Annex; Press Release and Executive Director’s Statement, (USA: International Monetary Fund, 2014) accessed September 18, 2024

Also available in: français

Summary

The Article IV consultation with Senegal was completed by the Executive Board on December 10, 2012. In concluding the 2012 Article IV consultation, executive directors commended Senegal’s satisfactory program implementation despite the challenging internal and external environments. They stressed that although a moderate pickup in growth is expected in the near term, the economy remains exposed to substantial risks. Directors welcomed the authorities’ continued commitment to their program to ensure macroeconomic stability, strengthen the economy’s resilience to shocks, foster higher and sustainable growth, and reduce poverty. Directors noted that, while Senegal still faces a low risk of debt distress, high fiscal deficits and rising debt ratios need to be addressed.

Subject: Expenditure, Government debt management, Public debt, Public financial management (PFM), Revenue administration

Keywords: Authorities aim, Authorities' intention, CR, Debt management, Deficit target, Development agenda, Government, Government debt management, Investment plan, ISCR, Management system, Policy discussion, Private sector development, Public expenditure, Reform program, Sub-Saharan Africa, West Africa

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/004
Stock No:

1SENEA2014001
ISBN:

9781484340011
ISSN:

1934-7685

Notes

Also available in French

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