Senegal: Second Review Under the Third Annual 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

April 15, 2002

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Senegal: Second Review Under the Third Annual 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, 2002) accessed November 22, 2024

Summary

This paper assesses Senegal’s Second Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Requests for Waiver of Performance Criteria. The authorities indicated that policies for the period ahead aimed at reducing poverty and maintaining macroeconomic stability, while pressing forward with structural reforms to enhance growth prospects. IMF and the World Bank staff have urged the authorities to take a cautious approach to undertaking a package of large infrastructure projects under consideration to ensure their economic viability and minimize any fiscal costs.

Subject: Agricultural commodities, Banking, Capital spending, Commodities, Credit, Expenditure, Fiscal policy, Fiscal stance, Money

Keywords: Agricultural commodities, Capital spending, CR, Credit, Fiscal stance, Fund, ISCR, Postal service finances, PRGF arrangement, PRGF loan, Staff appraisal, State marketing company, West Africa

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/081
Stock No:

1SENEA0012002
ISBN:

9781451833874
ISSN:

1934-7685

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