Keep Us Strong WikiLeaks logo

Currently released so far... 97115 / 251,287

Articles

Browse latest releases

Browse by creation date

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ETRD EAGR ETTC EAID ECON EFIN ECIN EINV ELAB EAIR ENRG EPET EWWT ECPS EIND EMIN ELTN EC ETMIN EUC EZ ET ELECTIONS ENVR EU EUN EG EINT ER ECONOMICS ES EMS ENIV EEB EN ECE ECOSOC EK ENVIRONMENT EFIS EI EWT ENGRD ECPSN EXIM EIAD ERIN ECPC EDEV ENGY ECTRD EPA ESTH ECCT EINVECON ENGR ERTD EUR EAP EWWC ELTD EL EXIMOPIC EXTERNAL ETRDEC ESCAP ECO EGAD ELNT ECONOMIC ENV ETRN EIAR EUMEM ENRGPARMOTRASENVKGHGPGOVECONTSPLEAID EREL ECOM ECONETRDEAGRJA ETCC ETRG ECONOMY EMED ETR ENERG EITC EFINOECD EURM EENG ERA EXPORT ENRD ECONEINVETRDEFINELABETRDKTDBPGOVOPIC EGEN EBRD EVIN ETRAD ECOWAS EFTA ECONETRDBESPAR EGOVSY EPIN EID ECONENRG EDRC ESENV ETT EB ENER ELTNSNAR ECHEVARRIA ETRC EPIT EDUC ESA EFI ENRGY ESCI EE EAIDXMXAXBXFFR EETC ECIP EIAID EIVN EBEXP ESTN EING EGOV ETRA EPETEIND ELAN ETRDGK EAIDRW ETRDEINVECINPGOVCS EPEC ENVI ELN EAG EPCS EPRT EPTED ETRB EUM EAIDS EFIC EFINECONEAIDUNGAGM EAIDAR ESF EIDN ELAM EDU EV EAIDAF ECN EDA EXBS EINTECPS ENRGTRGYETRDBEXPBTIOSZ EPREL EAC EINVEFIN ETA EAGER EINDIR ECA ECLAC ELAP EITI EUCOM ECONEFINETRDPGOVEAGRPTERKTFNKCRMEAID EARG ELDIN EINVKSCA ENNP EFINECONCS EFINTS ECCP ETC EAIRASECCASCID EINN ETRP EAIDNI EFQ ECOQKPKO EGPHUM EBUD ECONEINVEFINPGOVIZ ENERGY ELB EINDETRD EMI ECONEFIN EIB EURN ETRDEINVTINTCS EIN EFIM ETIO ELAINE EMN EATO EWTR EIPR EINVETC ETTD ETDR EIQ ECONCS EPPD ENRGIZ EISL ESPINOSA ELEC EAIG ESLCO EUREM ENTG ERD EINVECONSENVCSJA EEPET EUNCH ECINECONCS ETRO ETRDECONWTOCS ECUN EFND EPECO EAIRECONRP ERGR ETRDPGOV ECPN ENRGMO EPWR EET EAIS EAGRE EDUARDO EAGRRP EAIDPHUMPRELUG EICN ECONQH EVN EGHG ELBR EINF EAIDHO EENV ETEX ERNG ED
KMDR KPAO KPKO KJUS KCRM KGHG KFRD KWMN KDEM KTFN KHIV KGIC KIDE KSCA KNNP KHUM KIPR KSUM KISL KIRF KCOR KRCM KPAL KWBG KN KS KOMC KSEP KFLU KPWR KTIA KSEO KMPI KHLS KICC KSTH KMCA KVPR KPRM KE KU KZ KFLO KSAF KTIP KTEX KBCT KOCI KOLY KOR KAWC KACT KUNR KTDB KSTC KLIG KSKN KNN KCFE KCIP KGHA KHDP KPOW KUNC KDRL KV KPREL KCRS KPOL KRVC KRIM KGIT KWIR KT KIRC KOMO KRFD KUWAIT KG KFIN KSCI KTFIN KFTN KGOV KPRV KSAC KGIV KCRIM KPIR KSOC KBIO KW KGLB KMWN KPO KFSC KSEAO KSTCPL KSI KPRP KREC KFPC KUNH KCSA KMRS KNDP KR KICCPUR KPPAO KCSY KTBT KCIS KNEP KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KNNB KGCC KINR KPOP KMFO KENV KNAR KVIR KDRG KDMR KFCE KNAO KDEN KGCN KICA KIMMITT KMCC KLFU KMSG KSEC KUM KCUL KMNP KSMT KCOM KOMCSG KSPR KPMI KRAD KIND KCRP KAUST KWAWC KTER KCHG KRDP KPAS KITA KTSC KPAOPREL KWGB KIRP KJUST KMIG KLAB KTFR KSEI KSTT KAPO KSTS KLSO KWNN KPOA KHSA KNPP KPAONZ KBTS KWWW KY KJRE KPAOKMDRKE KCRCM KSCS KWMNCI KESO KWUN KPLS KIIP KEDEM KPAOY KRIF KGICKS KREF KTRD KFRDSOCIRO KTAO KJU KWMNPHUMPRELKPAOZW KEN KO KNEI KEMR KKIV KEAI KWAC KRCIM KWCI KFIU KWIC KCORR KOMS KNNO KPAI KBWG KTTB KTBD KTIALG KILS KFEM KTDM KESS KNUC KPA KOMCCO KCEM KRCS KWBGSY KNPPIS KNNPMNUC KWN KERG KLTN KALM KCCP KSUMPHUM KREL KGH KLIP KTLA KAWK KWMM KVRP KVRC KAID KSLG KDEMK KX KIF KNPR KCFC KFTFN KTFM KPDD KCERS KMOC KDEMAF KMEPI KEMS KDRM KEPREL KBTR KEDU KNP KIRL KNNR KMPT KISLPINR KTPN KA KJUSTH KPIN KDEV KTDD KAKA KFRP KWNM KTSD KINL KJUSKUNR KWWMN KECF KWBC KPRO KVBL KOM KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KEDM KFLD KLPM KRGY KNNF KICR KIFR KM KWMNCS KAWS KLAP KPAK KDDG KCGC KID KNSD KMPF KPFO KDP KCMR KRMS KNPT KNNNP KTIAPARM KDTB KNUP KPGOV KNAP KNNC KUK KSRE KREISLER KIVP KQ KTIAEUN KPALAOIS KRM KISLAO KWM KFLOA
PHUM PINR PTER PGOV PREL PREF PL PM PHSA PE PARM PINS PK PUNE PO PALESTINIAN PU PBTS PROP PTBS POL POLI PA PGOVZI POLMIL POLITICAL PARTIES POLM PD POLITICS POLICY PAS PMIL PINT PNAT PV PKO PPOL PERSONS PING PBIO PH PETR PARMS PRES PCON PETERS PRELBR PT PLAB PP PAK PDEM PKPA PSOCI PF PLO PTERM PJUS PSOE PELOSI PROPERTY PGOVPREL PARP PRL PNIR PHUMKPAL PG PREZ PGIC PBOV PAO PKK PROV PHSAK PHUMPREL PROTECTION PGOVBL PSI PRELPK PGOVENRG PUM PRELKPKO PATTY PSOC PRIVATIZATION PRELSP PGOVEAIDUKNOSWGMHUCANLLHFRSPITNZ PMIG PREC PAIGH PROG PSHA PARK PETER POG PHUS PPREL PS PTERPREL PRELPGOV POV PKPO PGOVECON POUS PGOVPRELPHUMPREFSMIGELABEAIDKCRMKWMN PWBG PMAR PREM PAR PNR PRELPGOVEAIDECONEINVBEXPSCULOIIPBTIO PARMIR PGOVGM PHUH PARTM PN PRE PTE PY POLUN PPEL PDOV PGOVSOCI PIRF PGOVPM PBST PRELEVU PGOR PBTSRU PRM PRELKPAOIZ PGVO PERL PGOC PAGR PMIN PHUMR PVIP PPD PGV PRAM PINL PKPAL PTERE PGOF PINO PHAS PODC PRHUM PHUMA PREO PPA PEPFAR PGO PRGOV PAC PRESL PORG PKFK PEPR PRELP PREFA PNG PGOVPHUMKPAO PRELECON PINOCHET PFOR PGOVLO PHUMBA PRELC PREK PHUME PHJM POLINT PGOVPZ PGOVKCRM PGOVE PHALANAGE PARTY PECON PEACE PROCESS PLN PRELSW PAHO PEDRO PRELA PASS PPAO PGPV PNUM PCUL PGGV PSA PGOVSMIGKCRMKWMNPHUMCVISKFRDCA PGIV PRFE POGOV PEL PBT PAMQ PINF PSEPC POSTS PHUMPGOV PVOV PHSAPREL PROLIFERATION PENA PRELTBIOBA PIN PRELL PGOVPTER PHAM PHYTRP PTEL PTERPGOV PHARM PROTESTS PRELAF PKBL PRELKPAO PKNP PARMP PHUML PFOV PERM PUOS PRELGOV PHUMPTER PARAGRAPH PERURENA PBTSEWWT PCI PETROL PINSO PINSCE PQL PEREZ PBS

Browse by classification

Community resources

courage is contagious

Viewing cable 07DAKAR1591, IMF MISSION: MIXED MARKS, BUT READY TO SUPPORT SENEGAL'S

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #07DAKAR1591.
Reference ID Created Released Classification Origin
07DAKAR1591 2007-07-31 13:34 2011-08-24 16:30 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Dakar
VZCZCXRO6931
PP RUEHMA RUEHPA
DE RUEHDK #1591/01 2121334
ZNR UUUUU ZZH
P 311334Z JUL 07
FM AMEMBASSY DAKAR
TO RUEHC/SECSTATE WASHDC PRIORITY 8908
INFO RUEATRS/DEPT OF TREASURY WASHDC
RUCPDOC/USDOC WASHDC
RUEHLMC/MCC WASHDC
RUEHZK/ECOWAS COLLECTIVE
UNCLAS SECTION 01 OF 02 DAKAR 001591 
 
SIPDIS 
 
SIPDIS 
SENSITIVE 
 
STATE FOR EB/IFD, AF/EPS AND AF/W 
AND PASS AID/AFR/SWA 
USAID FOR AFR/WAA 
TREASURY FOR OIASA/IDB: EBARBER 
USDOC FOR 3136/OIO/MDBO 
AND FOR 4510/IEP/ANESA/OA: PMICHELINI 
 
E.O. 12958: N/A 
TAGS: EFIN ECON EAID SG
SUBJECT: IMF MISSION:  MIXED MARKS, BUT READY TO SUPPORT SENEGAL'S 
POLICY SUPPORT INSTRUMENT (PSI) 
 
DAKAR 00001591  001.2 OF 002 
 
 
1.  Summary:  A visiting IMF team led by Johanness Mueller provided 
an end-of-mission briefing for donors on July 26 to inform them of 
the state of the ongoing negotiations of a new program with Senegal. 
  Mueller termed FY 2006 a "difficult year," and said that, while 
Senegal is still struggling to adjust to the energy crisis, the 
economy may recover in 2007 thanks to the resumption of ICS 
operations and 
 
 
 
  the buoyant service and construction sectors.  Mueller emphasized 
the need for greatly increased fiscal discipline, reduced levels of 
domestic internal debt, and reduced level of expenditures to focus 
on priority sectors.  He noted that Senegal would need to weigh all 
costs and benefits in deciding to seek PSI status.  He praised the 
new GOS for its spirit of cooperation and openness and said the IMF 
board would probably approve Senegal's PSI by September.  End 
Summary. 
 
2.  The IMF team visited Senegal July 12 trough July 26 to negotiate 
a new program with Senegal.  Mueller provided an end-of-mission 
briefing for donors on July 26.  Embassy representatives from 
France, United Kingdom, Japan, Germany, Italy, Belgium, Switzerland, 
Canada, Holland, Spain, The European Union, World Bank, African 
Development Bank, Kuwait, India, and the U.S. attended the IMF's 
July 26 out-briefing. 
 
2006 A "DIFFICULT YEAR" 
 
3.  In reviewing the state of the economy, Mueller said that 2006 
had been extremely difficult.  He estimated real GDP growth for 2006 
at 2.1 percent and year-end inflation at 3 percent.  Mueller blamed 
the energy crisis, the presidential and legislative elections held 
in February and June 2007, and the ICS crisis for having further 
deteriorated the macroeconomic situation in 2006. 
 
4.  For FY 2007, Mueller predicted that GDP growth should be around 
5.4 percent and 5.1 percent for the upcoming year 2008 - as a result 
of the buoyant service and construction sectors and the positive 
resumption of ICS operations, with inflation increasing at 5 
percent.  Mueller stated, "we are less concerned about macroeconomic 
issues, and most of our discussions with GOS officials focused on 
budget policy, good governance and transparency." 
 
A HOST OF PROBLEMS, BUT... 
 
5.  Mueller reiterated a familiar litany of looming problems that 
the GOS must deal with promptly and decisively.  He enumerated 
several priorities: 
-- getting GOS institutions operating effectively, 
-- prioritizing investment projects and increasing spending on 
poverty reduction, health, education, and agricultural sectors, 
-- containing the budget deficit at 4.7 percent of GDP in the medium 
term, 
-- containing the wage bill which increased significantly in FY 2006 
and FY 2007, 
-- limiting subsidies to the energy sector, 
-- eliminating the outstanding internal debt in the short term and 
reducing payment arrears, 
-- initiating a structural reform on budget by strengthening good 
governance and transparency in public spending, 
-- reinforcing procurement laws, regulations and procedures to 
ensure transparency and good governance, 
-- formulating the role of the private sector in the development 
process, 
-- strengthening measures to limit the number of agencies, and 
-- speeding up the financial sector reforms in cooperation with the 
BCEAO to establish a legal and regulated framework for SMEs and 
MSIs. 
 
GOOD SPIRIT OF COOPERATION 
 
6.  Mueller praised the GOS's cooperation and open-ness and stated 
"we have received documents with outstanding information and 
reliable data that demonstrated GOS willingness to quickly conclude 
a program with the IMF."  With regard to the previous 
administration's misreporting of some bilateral arrears, Mueller 
said his team had held "very fruitful discussions" with the new GOS 
officials.  He said that he had obtained all the data he needed and 
would take this back to IMF management to decide next step.  He 
complimented the GOS for its "excellent spirit of sharing 
 
DAKAR 00001591  002.2 OF 002 
 
 
information," and said that the Finance Ministry and IMF were 
"struggling together" to get a clear picture of the GOS's arrears 
position. 
 
7.  Mueller indicated that his team has received - for the first 
time - reliable information on APIX and ANOCI regarding their 
tenders and contracts.  He noted that the GOS is open to revising 
the institutional architecture of the new airport project and 
changing the status of APIX. 
 
8.  Mueller supported the re-establishment of a recent dialogue 
between the World Bank, the African Development Bank (AFDB), and the 
Islamic Development Bank (IDB) with Senegal to speed up the energy 
sector reform.  He said that without a reform of the energy sector 
it would be difficult for Senegal to meet the requirements of any 
program with the IMF.  He also encouraged the AFDB's cooperation 
with Senegal on issues related to the accelerated growth strategy 
process, the improvement of the business climate, and the discussion 
on the energy sector reform in cooperation with the WB, and the 
IDB. 
 
SENEGAL WANTS A PSI 
 
9.  In a later conversation with Senegal's IMF Resrep Alex Segura on 
July 30, post learned that the GOS has now formally requested the 
institution of a PSI program with the IMF.  The IMF team would 
review and submit Senegal's proposal to its Headquarters for 
approval, then once approved the document would be transmitted to 
the IMF Board of Directors which might take the final decision by 
the end of September.  Though there is no major difference within 
the two programs (PSI and PRGF), the PSI seems to be less flexible 
and more constraining than the PRGF and it also focuses more on 
economic growth and structural reforms. 
 
10.  COMMENT:  Mueller was repeatedly complimentary of the GOS on 
its spirit of cooperation and openness, though any new program with 
the IMF could bring back donor confidence and raise Senegal's 
credibility. It is not surprising to see Senegal adhere to a PSI 
program that could ease the way toward government borrowing from 
commercial lenders or expanded bond issuance.  While we expect donor 
support is likely to be forthcoming, Senegal will have to commit to 
deeper economic reforms that will improve the business climate and 
establish transparency in the procurement and budget allocation 
process.  Senegal might be eligible to defend its position in the 
October 3-4 Paris Club Consultative Group meeting in Paris, should 
the IMF Board approve its new PSI. 
 
11.  (U) Visit Embassy Dakar's intranet site at: 
http://dakar.state.gov/htdocs/section/econSec tion.aspx and embassy 
Dakar's Sprint Web site at http://www.state.sgov.gov/p/af/dakar 
 
SMITH