Good news from IMF, with a caution

According to a mission report from the IMF released today, regarding Senegal's economy: “Economic performance through September 2010 has been broadly satisfactory. Monthly indicators point to an ongoing economic recovery, which appears somewhat stronger than anticipated at the last review. Growth is currently projected at 4 percent in 2010 and 4.4 percent in 2011. But risks remain and include a weak global recovery, higher oil prices, and persistent electricity supply problems. On the upside, a faster global recovery and continued structural reforms could support growth. Inflation is expected to remain below 2 percent."