PRIV.SCTR.CAP.BLDG

closed

The Private Sector Capacity Building Project will accelerate the growth of the private sector. To this end, the project will help the Government of Senegal (GOS) complete the implementation of the three-pronged strategy aimed at enabling the private sector to respond to the recent improvements in the policy environment. The two first elements strategy consisting of restoring and maintaining economic equilibria and removing policy constraints that are being implemented in the context of the Policy Framework Paper for the period 1994-1997 and the Private Sector Adjustment and Comprehensive Credit. The third element of the GOS strategy, the implementation of which will be supported by the credit, is aimed specifically at: (i) increasing the competitiveness and efficiency of private enterprises and business associations; (ii) deepening the policy reforms process by analyzing remaining constraints to private sector activities and devising appropriate measures to eliminate them; (iii) improving the legal framework for private sector activities; (iv) accelerating the implementation of the government divestiture program; and (v) carrying out a program of communications and information to ensure that the main stakeholders in the economy understand and support the reform process.