Senegal: Seventh Review under the Policy Support Instrument and Request for Modification of Assessment Criteria

July 2, 2014

Preview Citation

Format: Chicago

Senegal: Seventh Review under the Policy Support Instrument and Request for Modification of Assessment Criteria, (USA: International Monetary Fund, 2014) accessed November 26, 2024

Also available in: français

Summary

This paper discusses Senegal’s Seventh Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. GDP growth was lower than expected in 2013 but would increase to 4.9 percent in 2014 with a rebound in agriculture, mining, and industry. All quantitative assessment criteria and indicative targets for end-2013 were met, including on the budget deficit despite a significant revenue shortfall. Structural reform implementation has been slow, with many benchmarks met after their respective deadlines. Despite challenging prospects for 2014, the authorities intend to continue reducing the deficit. The IMF staff recommends completion of the seventh PSI review.

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

Keywords: CR, Debt management, FAD expert, Government, Government debt management, Growth, Implementation, ISCR, Program implementation, Renewed commitment, Revenue shortfall, West Africa

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/177
Stock No:

1SENEA2014002
ISBN:

9781498337779
ISSN:

1934-7685

Notes

Full Text also available in French

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