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Senegal: Seventh Review under the Policy Support Instrument and Request for Modification of Assessment Criteria

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  • International Monetary Fund

Abstract

This paper discusses Senegal’s Seventh Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. GDP growth was lower than expected in 2013 but would increase to 4.9 percent in 2014 with a rebound in agriculture, mining, and industry. All quantitative assessment criteria and indicative targets for end-2013 were met, including on the budget deficit despite a significant revenue shortfall. Structural reform implementation has been slow, with many benchmarks met after their respective deadlines. Despite challenging prospects for 2014, the authorities intend to continue reducing the deficit. The IMF staff recommends completion of the seventh PSI review.

Suggested Citation

  • International Monetary Fund, 2014. "Senegal: Seventh Review under the Policy Support Instrument and Request for Modification of Assessment Criteria," IMF Staff Country Reports 2014/177, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2014/177
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    Cited by:

    1. Gerson Nhapulo & João Nicolau, 2017. "Assessing Nonlinear Dynamics of Central Bank Reaction Function: The Case of Mozambique," South African Journal of Economics, Economic Society of South Africa, vol. 85(1), pages 28-51, March.
    2. Pablo Yanguas, 2017. "Varieties of state-building in Africa: Elites, ideas and the politics of public sector reform," Global Development Institute Working Paper Series esid-089-17, GDI, The University of Manchester.
    3. Badru Bukenya & William Muhumuza, 2017. "The politics of core public sector reform in Uganda: Behind the facade," Global Development Institute Working Paper Series esid-085-17, GDI, The University of Manchester.

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