European Parliament Library

Senegal :, First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release; and Statement by the Executive Director for Senegal

Senegal's economic recovery is continuing and has been largely unaffected by the political crisis in Côte d’Ivoire. Policy discussions focused on the economic implications of two new developments since the program was approved in December 2010. Fiscal policy faces a difficult trade-off between additional priority expenditure and the need to preserve debt sustainability. The sustainability of Senegal’s external public and publicly guaranteed (PPG) debt appears vulnerable to rollover risks. This highlights the need for prudent debt management by Senegal, as it seeks to gain greater access to external resources
Table Of Contents
Cover; Contents; Executive Summary; I. Maintaining Macroeconomic Stability; II. Program Performance; III. Policy Discussions; Figures; 1. Historical Perspective, 1995-2010; 2. Recent Macroeconomic Developments, 2005-11; A. Safeguarding Fiscal Space; Boxes; 1. Energy Sector: Challenges and Reforms; 2. Senegal's Food and Oil Subsidies: Lessons from 2007-08; 3. Medium-Term Outlook, 2009-16; B. Consolidating Tax Reforms, Public Financial Management, and Debt Management; C. Promoting the Private Sector and Good Governance; 4. Financial Sector Issues; IV. Program Monitoring; V. Staff Appraisal
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (81 p.)
Specific Material Designation
Form Of Item

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