Senegal Investment Climate Reform Action Plan
This Investment Climate Reform Action Plan summarizes the economic context of Senegal as well as the main constraints private sector faces in the country, and provides a number of recommendations on which the World Bank (WB) and the Government of S...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/228201625721996667/Senegal-Investment-Climate-Reform-Action-Plan http://hdl.handle.net/10986/35975 |
| Summary: | This Investment Climate Reform Action
Plan summarizes the economic context of Senegal as well as
the main constraints private sector faces in the country,
and provides a number of recommendations on which the World
Bank (WB) and the Government of Senegal (GOS) can
collaborate on to eliminate poverty and promote shared
prosperity. Section one leverages an Investment Climate Scan
drawing on economic data from global resources summarizes
the situation of Senegal with reference to the macroeconomic
and political factors that are impeding its development. The
analysis includes benchmarking different IC characteristics
against selected structural, aspirational, and regional
comparators. Annex one expands on the Scan’s methodology.
Section two summarized relevant WBG diagnostics by
presenting a stocktaking of available diagnostics and
efforts to improve the country’s investment climate. Section
three distils the constraints Senegal faces in improving its
investment climate, with a special focus on the additional
challenges faced by the country during the COVID-19 crisis.
Section four outlines WB recommendations through the Reform
Action Plan and charts a path toward future partnership with
the GOS in achieving these objectives. |
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