IMF fears over review of Senegal's economic policies



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The Executive Board of the International Monetary Fund (IMF) completed the sixth review of Senegal's economic performance as part of a program supported by the Policy Support Instrument (PSI).

Following the Board's discussion, Mitsuhiro Furusawa, Deputy Director General and Interim President, said: "Senegal's reform efforts have helped to increase growth while maintaining economic stability. Growth reached 7.2% in 2017, while inflation remained low and the budget deficit was limited to 3% of GDP. According to him, the mobilization of revenues energy subsidies could compromise fiscal sustainability.

Ngoya Ndiaye-Senegal7

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