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Senegal: Recent Economic Developments

International Monetary Fund

No 2000/091, IMF Staff Country Reports from International Monetary Fund

Abstract: Public consumption has declined from 12 percent of GDP in 1996 to 10.8 percent in 1999 owing to fiscal consolidation: wage increases are moderate, and other current expenditures have grown slowly. Conversely, private consumption has increased from 75.2 percent of GDP in 1996 to 76.9 percent in 1998, and is estimated to have reached 76.6 percent in 1999. Public investment has increased from 6.4 percent of GDP in 1996 to 7.2 percent of GDP in 1998 and is estimated to have reached 8.2 percent of GDP in 1999, whereas private investment has experienced a downward slide.

Keywords: ISCR; CR; Senegal; CFA franc; service sector; enterprise; tertiary sector; Senegal's tertiary sector; composition of GDP; groundnut production; Tariffs; Capital adequacy requirements; Commercial banks; Imports; Transportation; West Africa; Asia and Pacific; Europe; Sub-Saharan Africa; Global (search for similar items in EconPapers)
Pages: 126
Date: 2000-08-20
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