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Senegal : Staff Report for the 2001 Article IV Consultation, First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria.

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund, Contributor.
Series:
IMF Staff Country Reports; Country Report ; No. 2001/186
IMF Staff Country Reports
Language:
English
Physical Description:
1 online resource (85 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2001.
Language Note:
English
Summary:
Faced with a tight liquidity situation at the treasury, the government of Senegal has implemented a tight spending regime to avoid a substantial drawing on the statutory advances at the Central Bank of West African States (BCEAO). Weaknesses in accounting for public funds, as well as the delays in structural reforms, have had fiscal repercussions. Credit growth has reflected the financing needs of the agricultural sector and the buildup of arrears in the energy sector. Recent developments have exacerbated the risk concentration problem in the loan portfolio of the local banking system.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9786613873859
9781455275205
1455275204
9781452776194
1452776199
9781283561402
1283561409
9781452734620
1452734623

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