Friday, June 15, 2007

Senegal's Economic Growth Rate May Double by 2010, President Wade Says

(Bloomberg) -- Senegal's economic growth rate may
double in two or three years to 6.5 percent as the government
spends more on agriculture, President Abdoulaye Wade said.

Growth slowed last year as record oil prices pushed up import
costs and electricity shortages hurt production. The International
Monetary Fund estimates growth slowed to 3.5 percent in 2006 from
5.5 percent in the previous year.


Read more at Bloomberg Emerging Markets News

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