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Senegal :, Third Review Under the Policy Support Instrument and First Review and Augmentation of Access Under the Exogenous Shocks Facility: Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Senegal

This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) for Senegal. The budgetary slippages, which had seriously affected the economy and put Senegal’s PSI-supported program at risk, have been successfully addressed. In line with program commitments, the government’s unpaid bills have been substantially reduced and far-reaching public financial management reforms launched. A temporary fiscal easing relative to earlier program targets is envisaged for 2009 to help counter the impact of the external shock
Table Of Contents
Cover; Contents; Executive Summary; I. A Successful Turnaround-Program Back on Course; Boxes; 1. Government Payment Delays and Extrabudgetary Spending; II. Economic Outlook and Risks-Repeated Shocks and Fund Role; A. A Challenging Economic Environment; Figures; 1. Recent Macroeconomic Developments, 2002-08; 2. Main Transmission Channels of the International Crisis; 2. Senegal, WAEMU, and SSA: Macroeconomic Developments and Outlook, 2004-10; 3. Medium-Term Outlook, 2008-14; B. Exogenous Shocks Facility; 4. Balance of Payments, 2002-13; III. Program Discussions; A. Overview
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (87 p.)
Specific Material Designation
Form Of Item

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