Thursday, April 10, 2008

Senegal growth to grow

April 10 (Bloomberg) -- Senegal's economy will probably expand an average of more than 5.5 percent over the ``medium term'' as investment increases and exports of chemicals, such as phosphates, recover, the International Monetary Fund said.
Growth will likely accelerate from an estimated 4.8 percent in 2007, the Washington-based lender said in a statement on its Web site yesterday. The government needs to ``anticipate and limit'' the impact on the economy of a slowdown in global economic growth, the IMF also said.

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