Senegal and the World Bank

[2] Public debt continues to grow in Senegal but remains listed as a low risk of distress due to GDP rebasing.

[3] No new household consumption data has been made available but, estimates place the poverty rate at 34% in 2017, and expect it to fall to 31% in 2020.

[5] This initiative focuses on helping countries achieve these goals and has even established its own set of indicators to track and monitor progress.

[5] In order to be able to measure the success of the program, the World Bank established a Human Capital Index (HCI).

[7] In order to provide financial security to the most vulnerable people and poor regions, the International Development Association (IDA) approved a $40.5 million credit package to aid Senegal in the establishment of a national social safety net system.

[8] The safety net functions as a conditional cash transfer program that provides qualified candidates with 25,000 West African CFS francs or $50 USD every quarter for 5 years.

[8] On January 3, 2019 the IDA approved a second round of financing for the social safety net program and loaned another credit package of $57 million USD.

[9] The development objective of this project is to be able to provide people from rural communities with safe and equitable water sanitation and services.

[10] The main barriers to universal access in Senegal are the lack of funds for the government to maintain and provide consistent water to rural communities as well as lack of funds for rural communities to be able to seek private investment form resource providers.

[10] Senegal in September 26, 2019 received a $140 million USD loan from the IDA to expand the government capacity for nutritional services for women and kids.

[11]The first component of the project is to improve the availability and quality of reproductive, maternal, newborn, child, and adolescent health and nutrition (RMNCAH-N) packages.