Senegal - Tariff Reform and Competitiveness Promotion Programme


Project Summary

Approval Date 08 Dec 2000
Signature Date 21 Dec 2000
Planned Completion Date 31 Dec 2002
Last Disbursement Planned Date 31 Dec 2002
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Environmental Category 3
Commitment U.A 19,995,197.84
Status Completion

Project General Description

The tariff reform and competitiveness promotion program is part of Senegal's socio-economic development strategy aimed at consolidating the foundations for growth by pursuing the liberalization of the economy and the promotion of the private sector in the perspective of a more efficient opening of the country on the regional and international market. The program focuses on the facilitation of foreign trade, taxation and private investment. It comprises 31 measures divided among the four components of (i) liberalization and facilitation of foreign trade, (ii) tax facilitation and transparency, (iii) investment facilitation, and (iv) promotion of the social sector. The program, which runs for 18 months from July 2000 to the end of December 2001, is financed by the World Bank and the Bank for 75.70 MUC and 20 MUC respectively. Its successful implementation will enable Senegal to improve the mobilization of internal and external resources and achieve strong economic growth in line with the poverty reduction goal.

Project Objectives

The overall objective of the program is to contribute to the consolidation of the foundations of the growth of the Senegalese economy in coherence with the objective of poverty reduction within the framework of the regional integration process. More specifically, the program aims to: (i) improve the external competitiveness of the Senegalese economy; (ii) Contribute to the strengthening of the regional integration process and (iii) Support the anti-poverty strategy.

Beneficiaries

The beneficiaries are the Government and the people of Senegal.

Participating Organization

Funding
African Development Fund
Implementing
GOUV. DU SENEGAL /MINISTERE DE L'ECO. DES FINANCES ET DU PLAN

Information

IATI identifier 46002-P-SN-KA0-002
Last Update 01 Dec 2022

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Contact Details

Name GALIBAKA Gilbert
Email g.galibaka@afdb.org

Geographic Location

Country Senegal
Coordinates Location Name
14.5 -14.25 Senegal