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 Cote 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 bet...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Staff Country Reports; Country Report ; No. 2011/139
Online Access:Full text available on IMF
Description
Summary:Senegal's economic recovery is continuing and has been largely unaffected by the political crisis in Cote 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.
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Physical Description:1 online resource (80 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students