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Senegal Economic Outlook

Senegal es el primer país en el que nos vamos a implicar desde Microfides. Más en concreto apoyaremos la región de Kaoalck y Fatick.

Para poder ir conociendo mejor el país, vamos a ir publicando datos económicos y sociales

senegal-economic-outlook

  • Senegal’s gross domestic product (GDP) is estimated to have grown by 4% in 2011 and this rhythm should continue during the coming years, with forecasts of growth around 4.2% and 4.7% in 2012 and 2013 respectively. It is driven mainly by private consumption, which itself is sustained by transfers from emigrant Senegalese working abroad, and by the industrial and service sectors.
  • The elections were a major challenge to the country’s democracy, the more so since they gave rise to disagreements over the validity of the candidacy of the outgoing president. These dissensions gave rise to popular movements with the potential to disrupt social peace and economic activity and call into question economic growth in future years. But the positive conduct of the presidential election allayed these fears.
  • Unemployment remains a crucial problem, especially for the young whose employment rate is 25% below that of adults. For the moment the efforts by the government and its partners have not yielded the results hoped for in terms of the numbers and the quality of jobs aimed at the young.