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GLOBAL ECONOMICS

Senegal

1 February 2013GDP grew by about 3.4% last year on strong agriculture and investment in energy, transport and communications, but current account deficit remains large
24 August 2012Recovery in agriculture after drought and infrastructure spending seen lifting GDP growth to 3.7% in 2012, offsetting weaker global backdrop
6 April 2010Slower recovery in growth to just 3.4% now seen this year, dependent upon pick-up in world trade and continued donor support
25 September 2009Weaker export growth and lower inflows from remittances, tourism and FDI to cut GDP growth slightly to 3% in 2009
3 February 2009Modest slowdown in growth to about 3% as IMF funds and recovery at state-owned ICS support activity
2 July 2008Economic growth holding close to 5% as FDI continues, but current account deficit now almost 10% of GDP
18 January 2008Growth seen holding around 5% in 2008 and inflation slowing as fiscal policy improvement cuts the budget deficit
24 May 2007Growth expected to recover to around 5% in 2007 as problems at ICS are resolved and inflation remains low
6 September 2006Growth of around 5% in 2006, inflation still well contained
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