(AGENPARL) - Roma, 19 Gennaio 2023 - (AGENPARL) – gio 19 gennaio 2023 [IMF Country Reports](http://www.imf.org/external/pubs/cat/scr1_sp.aspx?s_year=1997&e_year=2012&brtype=default)
[Open in your browser](http://www.imf.org/en/Publications/CR/Issues/2023/01/18/Senegal-Sixth-Review-Under-the-Policy-Coordination-Instrument-and-Third-Reviews-Under-the-528312?cid=em-COM-123-45974)
http://www.imf.org/en/Publications/CR/Issues/2023/01/18/Senegal-Sixth-Review-Under-the-Policy-Coordination-Instrument-and-Third-Reviews-Under-the-528312?cid=em-COM-123-45974
[Country Report No. 2023/030 : Senegal: Sixth Review Under the Policy Coordination Instrument and Third Reviews Under the Stand-By Arrangement and the Arrangement Under the Stand-By Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Senegal](http://www.imf.org/en/Publications/CR/Issues/2023/01/18/Senegal-Sixth-Review-Under-the-Policy-Coordination-Instrument-and-Third-Reviews-Under-the-528312?cid=em-COM-123-45974)
JANUARY 18, 2023
http://www.imf.org/en/Publications/CR/Issues/2023/01/18/Senegal-Sixth-Review-Under-the-Policy-Coordination-Instrument-and-Third-Reviews-Under-the-528312?cid=em-COM-123-45974
Weaker external demand, rising food and energy prices, tightening financial conditions, and the US dollar appreciation have negatively impacted the Senegalese economy. Add to that, multiple challenges facing the country, including heightened regional insecurity and growing social demands amid soaring cost of living. As a result, growth was further revised down to 4.7 percent and inflation up to 8.5 percent in 2022, while the fiscal accounts are under increasing strain. The challenging external and domestic environment will continue to weigh on the economy in the near term and risks are titled to the downside. Medium-term growth prospects appear more favorable with the temporary boost from oil and gas production set to start in late 2023.
[READ MORE](http://www.imf.org/en/Publications/CR/Issues/2023/01/18/Senegal-Sixth-Review-Under-the-Policy-Coordination-Instrument-and-Third-Reviews-Under-the-528312?cid=em-COM-123-45974)
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