IMF Staff Country Reports

Senegal: First Reviews Under the Extended Fund Facility, the Extended Credit Facility, and the Resilience and Sustainability Facility Arrangements, Requests for Modification of the Quantitative Performance Criteria and Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for Senegal

Publication Date:

December 19, 2023

Electronic Access:

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Summary:

The Senegalese economy continues to face headwinds. Despite the difficult socioeconomic environment, the authorities remain committed to the program objectives. Some of the downside risks identified at the time of the program request have materialized, leading to a downward revision of near-term growth. Inflation is projected to decline more gradually than anticipated. While near-term risks remain titled to the downside, with appropriate policies and the start of hydrocarbon production, medium-term prospects are favorable.

Series:

Country Report No. 2023/435

Subject:

Budget planning and preparation Climate change Climate finance Environment International organization Monetary policy Public debt Public financial management (PFM) Revenue administration

Frequency:

regular