The economy has started to recover from a slowdown associated with the global financial crisis. Performance under the program was broadly satisfactory. Senegal has made significant progress under a three-year Policy Support Instrument (PSI), but important challenges remain. Growth has been lower than in the best-performing countries in Sub-Saharan Africa, vulnerabilities to shocks and poverty remain high, and infrastructure bottlenecks persist. To accompany the authorities’ reforms to address these challenges, the authorities have requested a successor three-year PSI.