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 November 23, 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:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2021/127
Stock No:

1SENEA2021002
ISBN:

9781513584652
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports