The Executive Board of the International Monetary Fund (IMF) has completed the third review of the arrangement under the Extended Credit Facility (ECF). The completion of the review enables the release of SDR 5.0 million (about US$6.97million), bringing total disbursements under the arrangement to SDR 40.0 million (about US$55.75 million).[Read More…]
Economy
Senegal Records First Omicron Case In Tourist Who Attended Demonstration
Senegal has recorded its first case of the Omicron variant of the coronavirus in a tourist who attended a demonstration in the capital Dakar last month with about 300 people of varying nationalities, testing lab IRESSEF said on Sunday. The 58-year-old man was visiting from another West African country and[Read More…]
Senegal’s Economy To Rebound To 5% Growth In 2021, Says IMF
Senegal’s economy will grow 5% in 2021 thanks in part to solid industrial output, the International Monetary Fund said on Wednesday, revising up a previous forecast of 3.5% growth for this year. The Fund said it had reached a staff-level agreement with the West African nation that could pave the[Read More…]
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