Senegal - Policy Responses to COVID-19

Submitted by socpro on Fri, 05/22/2020 - 16:58
measures summary

The government plans to set up an emergency fund of up to FCFA 1000 billion (7 percent of GDP), financed by a mix of donor contributions, voluntary donations from the private sector, and the budget. The Fund will be used to support vulnerable households and firms. FCFA 50 billion will be allocated for urgent food aid. The government intends to adopt tax measures, providing some general tax relief and targeted support to the most affected sectors (hotels, restaurants, transport and culture). A strategic plan to fight against COVID-19 is being implemented to i) enhance testing and treatment capacity, ii) strengthen preventive measures, and iii) intensify communication. Its implementation is expected to cost about FCFA 70bn (0.5 percent of GDP).

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