Senegal: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Completion Point Document

Volume/Issue: Volume 2004 Issue 130
Publication date: May 2004
ISBN: 9781451833898
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Topics covered in this book

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Exports and Imports , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , consumer price inflation , Senegal , staff appraisal , reform effort , debt-to-export ratio , World Bank's International Development Association , Debt relief , Debt service , Stocks , Exports , West Africa

Summary

This paper examines the completion point document for Senegal’s Enhanced Initiative for Heavily Indebted Poor Countries. Senegal could reach the completion point on the basis of a full poverty reduction strategy and sound macroeconomic policies, as well as specific structural and social reforms set out in the decision point document. Major reforms have been advancing in the energy and groundnut sectors and in the postal and pension systems, and institutional improvements in public financial management toward better controls and transparency have been made and are continuing.