02398cas a2200253 a 4500 AALejournalIMF019052 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484397190 1934-76851 BD-DhAAL BD-DhAAL International Monetary Fund. Fiscal Affairs Dept. Senegal: Fiscal Transparency Evaluation. French Senegal : Fiscal Transparency Evaluation. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (88 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Senegal is the first country in sub-Saharan Africa with a Francophone approach to public financial management to volunteer for a fiscal transparency evaluation (FTE). This evaluation applies the standards and practices established in the IMF's Fiscal Transparency Code (the Code), adopted in 2014. The Code is built around three pillars: (I) Fiscal Reporting; (II) Fiscal Forecasting and Budgeting; and (III) Fiscal Risk Analysis and Management. Altogether it assesses compliance with 36 FTE principles. Pillar I requires that fiscal reporting provide a thorough, relevant, current and reliable picture of general government fiscal outcomes. Pillar II requires budgets, and the macroeconomic forecasts they rely on, to spell out the fiscal objectives and policies targeted by the government; and that they provide comprehensive and credible projections of fiscal trends. Pillar III addresses the need to communicate, analyze and manage fiscal vulnerabilities and to ensure effective coordination of the public sector decision-making process. To take countries' varying degrees of institutional capacity into account, the Code differentiates between basic, good, and advanced practices for each principle. If the basic level is not attained, the practice is regarded as 'not met.'. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2019/034 Full text available on IMF http://elibrary.imf.org/view/journals/002/2019/034/002.2019.issue-034-fr.xml IMF e-Library