Senegal Staff Report for the 2001 Article IV Consultation, First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria

Faced with a tight liquidity situation at the treasury, the government of Senegal has implemented a tight spending regime to avoid a substantial drawing on the statutory advances at the Central Bank of West African States (BCEAO). Weaknesses in accounting for public funds, as well as the delays in s...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2001
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02774nmm a2200637 u 4500
001 EB000935508
003 EBX01000000000000000729104
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451833867 
245 0 0 |a Senegal  |b Staff Report for the 2001 Article IV Consultation, First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2001 
300 |a 85 pages 
651 4 |a Senegal 
653 |a Fiscal stance 
653 |a Depository Institutions 
653 |a Provision and Effects of Welfare Program 
653 |a Credit 
653 |a Banks 
653 |a Farm produce 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Monetary economics 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Micro Finance Institutions 
653 |a Fiscal Policy 
653 |a Fiscal policy 
653 |a Mortgages 
653 |a Social welfare & social services 
653 |a Agriculture: General 
653 |a Social Services and Welfare 
653 |a Money 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Investments: Commodities 
653 |a Commodities 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Poverty 
653 |a Macroeconomics 
653 |a Bank credit 
653 |a Banking 
653 |a Agricultural commodities 
653 |a Investment & securities 
653 |a Public Finance 
653 |a Money and Monetary Policy 
653 |a Government Policy 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781451833867.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2001/186/002.2001.issue-186-en.xml?cid=15430-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Faced with a tight liquidity situation at the treasury, the government of Senegal has implemented a tight spending regime to avoid a substantial drawing on the statutory advances at the Central Bank of West African States (BCEAO). Weaknesses in accounting for public funds, as well as the delays in structural reforms, have had fiscal repercussions. Credit growth has reflected the financing needs of the agricultural sector and the buildup of arrears in the energy sector. Recent developments have exacerbated the risk concentration problem in the loan portfolio of the local banking system