IMF Staff Country Reports

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

July 9, 2009

Download PDF

Preview Citation

Format: Chicago

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, (USA: International Monetary Fund, 2009) accessed November 26, 2024

Also available in: français

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.

Subject: Budget planning and preparation, Expenditure, External debt, Fiscal policy, Fiscal stance, Government debt management, Public debt, Public financial management (PFM)

Keywords: CR, Deficit, ESF arrangement, Financial support, Fiscal stance, Global, Government debt management, ISCR, Outlook from negative, Senegal, Senegal's outlook, Staff appraisal, Staff recommendation, West Africa

Publication Details

  • Pages:

    86

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/205

  • Stock No:

    1SENEA2009002

  • ISBN:

    9781451834116

  • ISSN:

    1934-7685

Notes

Also available in French

You May Also Be Interested In...

2024 Review Of The Fund’s Transparency Policy And Open Archives Policy—Background Paper 3 On Key Concepts And Supportive Analysis

November 25, 2024

Morocco: Second Review Under The Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Morocco

November 25, 2024

Tonga: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga

November 25, 2024

The Role of Corporate Cash Holdings in the Transmission of Monetary Policy Tightening

November 22, 2024