Senegal: Third Review Under the Policy Coordination Instrument and Request for Modification of Quantitative Targets, and Requests for a Stand-By Arrangement and an Arrangement Under the Standby Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Senegal

June 17, 2021

Preview Citation

Format: Chicago

Senegal: Third Review Under the Policy Coordination Instrument and Request for Modification of Quantitative Targets, and Requests for a Stand-By Arrangement and an Arrangement Under the Standby Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Senegal, (USA: International Monetary Fund, 2021) accessed December 25, 2024

Also available in: français

Summary

The macroeconomic outlook has worsened amid a second wave of the COVID-19 pandemic, higher commodity prices and social unrest, rooted in widening inequality and a lack of opportunities for the youth. The COVID-19 vaccination campaign was launched in February but has so far covered less than 5 percent of Senegal’s population. The President announced in early April an emergency program for youth employment and economic insertion amounting to 3 percent of GDP, spread evenly over 2021–23.

Subject: COVID-19, Debt service, External debt, Health, International organization, Monetary policy, Public debt, Revenue administration

Keywords: Africa, COVID-19, Debt service, Fund financing access, Global, Government procurement, Recovery plan, Regulation authority, Senegalese authorities, State intervention, West Africa

Publication Details

Pages:

105
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/127
Stock No:

1SENEA2021002
ISBN:

9781513584652
ISSN:

1934-7685

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