Senegal: First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release; and Statement by the Executive Director for Senegal

June 16, 2011

Preview Citation

Format: Chicago

Senegal: First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release; and Statement by the Executive Director for Senegal, (USA: International Monetary Fund, 2011) accessed November 22, 2024

Also available in: français

Summary

Senegal's economic recovery is continuing and has been largely unaffected by the political crisis in Côte d’Ivoire. Policy discussions focused on the economic implications of two new developments since the program was approved in December 2010. Fiscal policy faces a difficult trade-off between additional priority expenditure and the need to preserve debt sustainability. The sustainability of Senegal’s external public and publicly guaranteed (PPG) debt appears vulnerable to rollover risks. This highlights the need for prudent debt management by Senegal, as it seeks to gain greater access to external resources.

Subject: Economic sectors, Energy sector, External debt, Government debt management, Public debt, Public financial management (PFM)

Keywords: CR, Debt burden indicator, Deficit, Energy sector, Energy sector reform, Energy sector support fund, Government debt management, Growth potential, ISCR, Medium term debt management strategy, West Africa

Publication Details

Pages:

80
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/139
Stock No:

1SENEA2011001
ISBN:

9781455282586
ISSN:

1934-7685

Notes

Also available in French

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