IMF team assesses Senegal's resilient 4.6% economic growth in 2023 amid political tensions and external pressures.
IMF team led by Edward Gemayel conducted a mission in Senegal (Apr 26-May 3) to assess the economy and political developments. The Senegalese economy showed resilience, with 4.6% growth in 2023 despite political tensions and external pressures. Inflation declined faster than anticipated at 5.9%. Elevated energy subsidies and higher interest payments were countered by investment cuts to keep the fiscal deficit at 4.9%.
May 03, 2024
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