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Senegal : Third Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; Informational Annex; Press Release; and Statement by the Executive Director for Senegal.

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund.
Series:
IMF Staff Country Reports; Country Report ; No. 2012/227
IMF Staff Country Reports
Language:
English
Subjects (All):
International Monetary Fund--Senegal.
International Monetary Fund.
World Bank Group--Senegal.
World Bank Group.
Fiscal policy--Senegal.
Fiscal policy.
Structural adjustment (Economic policy)--Senegal.
Structural adjustment (Economic policy).
Monetary policy--Senegal.
Monetary policy.
Senegal--Economic conditions--Statistics.
Senegal.
Physical Description:
1 online resource (73 p.)
Other Title:
Senegal
Place of Publication:
Washington, D.C. : International Monetary Fund, 2012.
Language Note:
English
Summary:
This paper discusses key findings of the Third Review Under the Policy Support Instrument for Senegal. All end-December 2011 quantitative assessment criteria were met—except one on the overall fiscal balance, which was missed by a small margin. Some progress was achieved in structural reforms but a number of benchmarks were missed. The new authorities have confirmed their commitment to the objectives of the program. IMF staff recommends completion of the review and supports the waiver for nonobservance of the end-December 2011 assessment criterion on the overall fiscal deficit.
Contents:
Cover; Contents; Executive Summary; I. Macroeconomic Performance and Risks; II. Program Performance; III. Policy Discussions; A. Fiscal Policies in 2012; Boxes; 1. Senegal: Sources of the 2012 Fiscal Gap; 2. Senegal: Expenditure Control and Rationalization; B. Strengthening Tax Reforms, Public Financial Management, and Debt Management; C. Promoting Private Sector Development; IV. Program Monitoring and Next Article IV Consultation; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2009-17; 2. Balance of Payments, 2009-17
3. Government and FSE Financial Operations, 2009-174. Government and FSE Financial Operations, 2009-17; 5. Monetary Survey, 2008-12; 6. Financial Soundness Indicators of the Banking Sector, 2004-11; 7. Quantitative Assessment Criteria and Indicative Targets for 2011; 8. Quantitative Assessment Criteria and Indicative Targets for 2011-12; 9. Quantitative Assessment Criteria and Indicative Targets for 2012-13; Figures; 1. Historical Perspective, 1997-2011; 2. Recent Macroeconomic Developments and Short-Term Projections, 2009-13; 3. Medium-Term Outlook, 2010-17; 4. Financial Sector Issues
Appendix I. Letter of IntentAttachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding
Notes:
Description based upon print version of record.
Description based on print version record.
ISBN:
9781475546446
1475546440
9781475574654
1475574657
9781299264090
1299264093
9781475522174
1475522177

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