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Senegal : fifth review under the policy support instrument and request for program extension and modification of assessment criteria, staff report ; debt sustainability analysis ; informational annex ; and press release.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, ©2013.
Series: IMF country report, no. 13/170.
Edition/Format:   eBook : Document : International government publication : English
Summary:
Program implementation has been satisfactory, and all assessment criteria were met. The fiscal deficit was reduced to 5.9 percent of GDP despite a significant revenue shortfall. Delays were incurred in the implementation of reforms in the energy sector. The authorities intend to accelerate reforms to improve the business environment by streamlining expenditure and by improving the efficiency of the state to reduce  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund.
ISBN: 148434958X 9781484349588
ISSN:2227-8907
OCLC Number: 851100636
Notes: Title from PDF title page (IMF Web site, viewed June 27, 2013).
"June 2013."
"June 4, 2013"--Page 2 of pdf.
Description: 1 online resource (75 pages) : color illustrations.
Contents: Cover; CONTENTS; MACROECONOMIC PERFORMANCE AND RISKS; PROGRAM PERFORMANCE; POLICY DISCUSSIONS; A. Fiscal Policy in 2013; BOX; Budget Support to the Energy Sector; B. Reforming the State; C. Promoting Growth and Private Sector Development; D. Program Monitoring; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2011-18; 2. Balance of Payments, 2011-18; 3. Government and FSE Financial Operations, 2011-18; 4. Government and FSE Financial Operations, 2011-18 (in percent of GDP); 5. Monetary Survey, 2010-13; 6. Financial Soundness Indicators for the Banking Sector, 2006-12. 7. Quantitative Assessment Criteria and Indicative Targets for 2011-128. Quantitative Assessment Criteria and Indicative Targets for 2012-13; 9. Quantitative Assessment Criteria and Indicative Targets for 2013-14; FIGURES; 1. Historical Perspective, 1998-2012; 2. Recent Developments and Short-Term Projections, 2010-2014; 3. Medium-Term Outlook, 2010-2018; 4. Financial Sector Developments; 5. Exchange Rate and Competitiveness; APPENDIX; Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding. SENEGAL: FIFTH REVIEW UNDER THE POLICY SUPPORT INSTRUMENT AND REQUEST FOR PROGRAM EXTENSION AND MODIFICATION OF ASSESSMENT CRITERIA-DEBT SUSTAINABILITY ANALYSISUNDERLYING ASSUMPTIONS; EXTERNAL DSA; PUBLIC DSA; CONCLUSION; Figure; Figure 1a. Senegal: Indicators of Public and Publicly Guaranteed External Debt under Alternatives Scenarios (with Remittances), 2013-2033; Figure 2. Senegal: Indicators of Public Debt Under Alternative Scenarios, 2013-2032; Table; Table 1a.: External Debt Sustainability Framework, Baseline Scenario, 2013-2033. Table 1b.Senegal: Sensitivity Analysis for Key Indicators of Public and Publicly Guaranteed External Debt (with Remittances), 2013-2033Table 2a.Senegal: Public Sector Debt Sustainability Framework, Baseline Scenario, 2013-2033; Table 2b.Senegal: Sensitivity Analysis for Key Indicators of Public Debt 2013-2033; CONTENTS; RELATIONS WITH THE FUND; JOINT MANAGEMENT ACTION PLAN IMPLEMENTATION WORLD BANK AND IMF COLLABORATION.
Series Title: IMF country report, no. 13/170.

Abstract:

Program implementation has been satisfactory, and all assessment criteria were met. The fiscal deficit was reduced to 5.9 percent of GDP despite a significant revenue shortfall. Delays were incurred in the implementation of reforms in the energy sector. The authorities intend to accelerate reforms to improve the business environment by streamlining expenditure and by improving the efficiency of the state to reduce the fiscal deficit to below 4 percent of GDP by 2015. This will restore fiscal buffers and ensure long-term debt sustainability.

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