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

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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 December 24, 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:

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DOI:

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Issue:

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Series:

Country Report No. 2009/205
Stock No:

1SENEA2009002
ISBN:

9781451834116
ISSN:

1934-7685

Notes

Also available in French

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