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Economy / Senegal

Macroeconomic Forecast Senegal

March 2006 | Macroeconomic Forecasts

The outlook remains bright, with real GDP growth of 5.5% and 5% forecast in 2006 and 2007 respectively. Furthermore, we anticipate that these rates of growth will be achieved without stoking inflationary pressures. Consumer prices are expected to remain at around 2% over the forecast period, allowing interest rates to remain low at 4%. This stable macroeconomic environment should encourage business investment, and therefore help sustain high rates of growth in the medium

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