Senegal: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criteria and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

May 18, 2004

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Format: Chicago

Senegal: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criteria and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries, (USA: International Monetary Fund, 2004) accessed November 28, 2024

Summary

The First Review Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criteria for Senegal are discussed. Economic activity in the first half of 2003 has been weaker than envisaged under the program. The impact of softer domestic demand, reflecting mainly the drop in rural incomes in 2002 and a low pace of public spending in the first six months of the year, has been compounded by a slowdown in the mining and chemical sectors.

Subject: External debt, Fiscal policy, Fiscal stance, Poverty reduction strategy, Public debt, Public financial management (PFM), Revenue administration

Keywords: CR, Emergency food import program, Fiscal stance, Government, ISCR, PRGF arrangement, PRGF loan, PRGF-supported program, Reform agenda, SDR, West Africa

Publication Details

Pages:

89
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/131
Stock No:

1SENEA0022004
ISBN:

9781451833935
ISSN:

1934-7685

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