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
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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. In line with program commitments, the government’s unpaid bills have been substantially reduced and far-reaching public financial management reforms launched. A temporary fiscal easing relative to earlier program targets is envisaged for 2009 to help counter the impact of the external shock.
Series:
Country Report No. 2009/205
Subject:
Budget planning and preparation Expenditure External debt Fiscal policy Fiscal stance Government debt management Public debt Public financial management (PFM)
Notes:
English
Publication Date:
July 9, 2009
ISBN/ISSN:
9781451834116/1934-7685
Stock No:
1SENEA2009002
Pages:
86
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