Senegal : First Review Under the Policy Coordination Instrument and Request for Modification of Quantitative Targets-Press Release; Staff Report; and Statement by the Executive Director for Senegal.

The Covid-19 pandemic has ended a period of buoyant growth averaging about 6 1\2 percent over the last 6 years. Containment measures, lower external demand, reduced remittances, and the sudden stop of travel and tourism are taking a significant toll on the economy. Without forceful policy measures,...

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Bibliographic Details
Corporate Author: International Monetary Fund. African Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Staff Country Reports; Country Report ; No. 2020/225
Online Access:Full text available on IMF
Description
Summary:The Covid-19 pandemic has ended a period of buoyant growth averaging about 6 1\2 percent over the last 6 years. Containment measures, lower external demand, reduced remittances, and the sudden stop of travel and tourism are taking a significant toll on the economy. Without forceful policy measures, the current crisis could unravel development gains over the last decade. The authorities have taken strong actions to contain the pandemic and mitigate its economic fallout, supported by significant additional external financing from Senegal's development partners. The IMF disbursed USD 442 million (100 percent of quota) under the RFI/RCF in April.
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Physical Description:1 online resource (77 pages)
Format:Mode of access: Internet
ISSN:1934-76851
Access:Electronic access restricted to authorized BRAC University faculty, staff and students