The 2012 Article IV Consultation report for Senegal discusses the fourth review of the Policy Support Instrument (PSI …) implementation and request for modification of an assessment criterion. Senegal’s growth has been sluggish in recent years, with … with IMF recommendations. In the medium term, growth is expected to return gradually to about 5 percent a year. However …

annual benchmark limits on NDF, expenditure growth, and nonconcessional external financing. This rule would provide … flexibility for countercyclical policy and help define the fiscal space for infrastructure spending that is consistent with …

infrastructure investment, implemented mainly by the central government, is lower than that of social investment mostly undertaken by …

Liberia is facing large infrastructure gaps and developmental needs that constrain the country’s growth potential. The … investment in infrastructure and human capital. Fiscal space remains constrained by rigidities in current spending and the … public investment, financing, and growth in Liberia using an inter-temporal macroeconomic model. The model has been …

the natural resource sector have triggered a fresh round of much needed infrastructure investment. This paper uses the … that while a conservative approach, which simply awaits LNG revenues, would miss significant current growth opportunities … significantly enhance the extent to which public capital is accumulated and impact non-resource growth and, ultimately, debt …

Despite relatively fast economic growth over the past few years, Cape Verde’s public debt to GDP ratio has … risenrapidly. Achieving an appropriate balance among public investment, growth, and debt sustainability has become a priority for … assesses Cape Verde’s public debt risks, taking into account the link between public investment and growth. The paper …