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Senegal - Country Partnership Framework for the Period FY20 - FY24 (Francês)

Senegal is entering the third decade of the 21st century with tremendous promise and opportunities, while facing important pressures to navigate growing risks and overcome deeply rooted challenges. Structural reforms and favorable exogenous conditions have led to GDP growth of above 6 percent for the last 5 years and supported declining poverty levels, especially in rural areas. Off-shore oil and gas discoveries will reach production between 2022 and 2023, easing some of the country’s fiscal and development challenges and providing a foundation upon which to build broad-based economic growth. A vibrant democracy has provided the current Government with a second mandate, and there is an ambitious national development plan laying out a roadmap to middle-income status. Yet Senegal faces important challenges to maintaining its trajectory towards emergence, including reducing the different forms of inequalities, strengthening governance and human capital, efficiently mobilizing tax revenue, transitioning to more private sector-led growth, and managing the increasing risks from climate change. Public policies will also need to promote remunerative employment for the ever-expanding youth population. This five-year Country Partnership Framework (CPF) for Senegal lays out the World Bank Group (WBG) program for the FY20-FY24 period, which aims to support the country in its path towards achieving middle-income status by 2035. To support the Government’s ambition to promote sustainable, resilient and inclusive growth, as laid out in the Plan Senegal Emergent (PSE) and the second Priority Action Plan (PAP 2) for 2019-2023, the CPF builds on the findings of the 2018 Systematic Country Diagnostic (SCD) and the 2019 Country Private Sector Diagnostic (CPSD), with three focus areas as follows: (a) building human capital to enhance productivity and ignite the demographic dividend; (b) boosting competitiveness and job creation through private sector-led growth; and (c) increasing resilience and sustainability in the context of growing risks. The strategy also incorporates three cross-cutting themes: (a) pushing the boundaries of digital use to support Senegal’s leapfrogging into a modern and inclusive economy; (b) fostering improved female agency and reducing the gender gap in key indicators across objectives; and (c) mitigating the effects of climate change.

Detalhes

  • Data do documento

    2020/03/14

  • TIpo de documento

    Country Partnership Framework

  • No. do relatório

    143333

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Senegal,

  • Região

    Africa West,

  • Data de divulgação

    2020/03/16

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2020-03-05T00:00:00Z

  • Nome do documento

    Senegal - Country Partnership Framework for the Period FY20 - FY24

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