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Growth in Senegal: the IMF expects a larger deficit than expected

16/09/2024
Source : ORISHAS-FINANCE
Categories: Rate

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In a statement released at the end of the IMF delegation's visit, the organization revised growth downwards to 6% for 2024 from 7.1% in June from 7.1% in June and expects a larger deficit than expected.

The IMF is talking about difficult economic prospects in the coming months and lower growth for 2024. According to an economist, the forecast was set at 10% of GDP a year ago, he recalls, before falling to 7% in June and 6% today. These figures raise questions about the objectives that the previous regime communicated to the IMF. The reforms promised by the new authorities are also welcomed. But the economist recalls that they inherited from the previous regime a particularly poor financial situation that will not improve overnight

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