Growth slowed to 4.2 percent in 2022, from 6.5 percent in 2021, alongside soaring food and energy prices stemming from Russia’s invasion of Ukraine. The fiscal deficit and debt levels remained elevated, mainly due to the sharp rise in energy subsidies. Growth is expected to accelerate in 2024 driven by hydrocarbon production. Risks, tilted to the downside, include delays to hydrocarbon production, election costs, and failure to eliminate energy subsidies.
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2023/04/01
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Brief
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181383
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1
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2023/04/14
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Disclosed
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Macro Poverty Outlook for Senegal : April 2023
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World Bank.
Macro Poverty Outlook for Senegal : April 2023 (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099519404132353459