Senegal: IMF Executive Board Completes First Review Under the Policy Coordination Instrument for Senegal

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Washington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the first review under the Policy Coordination Instrument (PCI) for Senegal.

The PCI for Senegal was approved on January 10, 2020 (see Press Release No. 20/6) to support the second phase of the authorities' national development strategy "Plan Senegal Emergent." It is articulated around three main pillars: achieving high, sustainable, and inclusive growth; consolidating macroeconomic stability through prudent fiscal policy, including through increasing revenues and spending efficiency, and sound debt management; and managing the oil and gas sector in a sustainable and transparent manner.

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