Nigeria
Nigeria

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2007-10-23

Total Pages: 70

ISBN-13: 1451829051

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The staff report for the Fourth Review on Nigeria highlights developments under the Policy Support Instrument (PSI). Robust non-oil sector growth significantly strengthened fiscal and external positions, reducing inflation that surpassed the original program goals. Fiscal risks have increased in the short term because recent practices on the use of an oil price rule and oil savings, which have been important to macroeconomic performance, are being revisited. The government’s consensual approach within the framework of the constitution offers the prospect of a lasting solution.

Mali
Mali

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2003-08-07

Total Pages: 50

ISBN-13: 1451826389

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This report summarizes the sixth review of the economic program of Mali under the Poverty Reduction and Growth Facility (PRGF) and assesses the progress made in adjusting the economy. The Malian authorities continued to make good progress in implementing the IMF program, under difficult conditions. Executive Directors stressed the need for prudent macroeconomic policies and structural reforms. They emphasized the need to enhance private sector competitiveness, liberalize the cotton sector, and promote good governance.

Senegal
Senegal

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2008-07-02

Total Pages: 101

ISBN-13: 145183408X

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Senegal’s staff report for the 2008 Article IV Consultation highlights the rapidly rising energy and food prices, and the high inflation in 2007 that put pressure on the fiscal and external accounts. Senegal’s macroeconomic policies were being pursued under an economic program supported by the IMF’s Policy Support Instrument (PSI), which was approved in November 2007. Executive Directors observed scope for improving the targeting of the existing measures while minimizing economic distortions so that they remained consistent with macroeconomic stability and debt sustainability.