The Senegalese Ministry of Finance and Budget announced the approval of the second review of the economic program supported by the IMF's Economic Policy Coordination Instrument.
The financial institution thus recognizes the good economic and financial performances achieved in the execution of the program, specifies the budget department.
The decision on the conclusion of this second successful review of the ICPE program will be effective as of Tuesday, January 12, 2021.
Despite the health and economic crisis, “2020 saw intense activity, so much so that the objectives of collecting budget revenues have so far been met or even exceeded; public expenditure is paid at a satisfactory pace,” the press release states.
For the Senegalese ministry, the main quantitative management indicators have been reached, in particular the budget deficit target, the tax revenue floor, the ceiling on payment instances, the social expenditure floor, and the stock of public