Senegal : Request for a Three-Year Policy Support Instrument - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Senegal.

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Bibliographic Details
Imprint:International Monetary Fund 2007.
Description:1 online resource (89 pages)
Series:IMF Country Report ; Number 07/358
IMF country report ; Number 07/358.
Electronic books.
Electronic books.
Format: E-Resource Book
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Summary:The staff report for the Request for a Three-Year Policy Support Instrument (PSI) on Senegal explains economic developments. Allocations for priority spending suffered, and cash-flow problems resulted in payment delays to the private sector. The authorities intend to tackle key policy challenges under a three-year PSI. Slippages in restructuring public enterprises could raise fiscal risks and endanger banking system soundness. Weakening political resolve to implement structural reforms and address governance concerns could undermine policy credibility and reduce aid flows.
Other form:Print version: International Monetary Fund. Senegal : request for a three-year policy support instrument, staff report; staff statement; press release on the executive board discussion; and statement by the executive director for Senegal. Washington, District of Columbia : International Monetary Fund, c2007 1 volume (various paging) IMF country report ; Number 07/358. 9781451834079
Table of Contents:
  • Cover; Contents; Executive Summary; I. Background and Recent Economic Developments; Figures; 1. Main Economic Trends, 1994-2007; 2. Recent Macroeconomic Developments, 2001-07; II. The Program Under The PSI; A. Program Objectives; B. The Macroeconomic Framework; Boxes; 1. Senegal's EPA: Main Conclusions and Recommendations; 2. Industries Chimiques du Sénégal (ICS); 3. Millennium Development Goals, 1990-2015; C. Returning to a Prudent Fiscal Policy; 4. Competitiveness; 5. Updated DSA-Indicators of Public Debt Under Alternative Scenarios, 2007-27.
  • 6. Updated DSA-Indicators of Public and Publicly Guaranteed External Debt Under Alternative Scenarios, 2007-273. The Energy Sector; D. Strengthening Fiscal Governance and Transparency; 4. The New Dakar Airport; 5. The Dakar Integrated Special Economic Zone (DISEZ); E. Encouraging Private Sector Activity; F. Financial Sector Development; G. Program Monitoring; III. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2003-12; 2. Balance of Payments, 2003-12; 3. Government Financial Operations, 2003-12; 4. Government Financial Operations, 2003-12 (in percent of GDP)
  • 5. Monetary Survey, 2003-086. Millennium Development Goals; 7. Financial Soundness Indicators for the Banking Sector, 2002-07; 8. Public Sector Debt Sustainability Framework, Baseline Scenario, 2004-27; 9. External Debt Sustainability Framework, Baseline Scenario, 2004-27; Appendix I. Three-Year Policy Support Instrument; Attachment I. Letter of Intent; Attachment II. Memorandum of Economic and Financial Policies; Attachment III. Technical Memorandum of Understanding.