Senegal: Staff Report for the 2010 Article IV Consultation, Fifth Review Under the Policy Support Instrument, Third Review Under the Exogenous Shocks Facility, Request for Waiver of Nonobservance of Performance Criterion, and Modification of Assessment Criterion: Staff Report; Debt Sustainability Analysis; Press Release; Executive Director Statement; Public Information Notice
IMF Staff Country Reports, June 10, 2010
Source details
- Canonical URL
- Senegal: Staff Report for the 2010 Article IV Consultation, Fifth Review Under the Policy Support Instrument, Third Review Under the Exogenous Shocks Facility, Request for Waiver of Nonobservance of Performance Criterion, and Modification of Assessment Criterion: Staff Report; Debt Sustainability Analysis; Press Release; Executive Director Statement; Public Information Notice
Other formats
Bibliographic details
- Published: June 10, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455204892.002
Executive summary
- Senegal is pursuing its macroeconomic policies within an economic program supported by the IMF’s Policy Support Instrument (PSI).
- Executive Directors noted that signs of a recovery have become visible.
- Prudent domestic macroeconomic policies and an accelerated implementation of structural reforms would help to strengthen growth further and reduce poverty.
- Sustained efforts are required to enhance the financial sector’s contribution to the economy.
Major findings and emphasis
- Visible recovery: Executive Directors observed emerging signs of economic recovery.
- Policy priorities:
- Maintain prudent domestic macroeconomic policies.
- Accelerate implementation of structural reforms to bolster growth and poverty reduction.
- Strengthen financial sector contribution to economic activity through sustained efforts.
Subject matter and keywords (as listed)
- Subject: Expenditure, External debt, Fiscal policy, Fiscal stance, Public debt, Public financial management (PFM)
- Keywords: balance-of-payments impact, CR, debt, deficit, energy sector reform plan, ESF arrangement, expenditure planning, Fiscal stance, fuel price shock, Global, government action plan, ISCR, West Africa
Content in this bundle
- _cr10165 — Executive Summary and Key Findings
- _cr10165f