IMF hails Senegal, pledges $180 million aid fund

IMF hails Senegal, pledges $180 million aid fund

IMF hails Senegal, pledges $180 million aid fund

The International Monetary Fund (IMF) says it is satisfied with the economic performance of Senegal, despite the pandemic and the low vaccination rate in the country. “Recent indicators suggest that a strong recovery is underway, driven by industrial production, services and retail activity. The number of cases of Covid-19 remains relatively low, and about 14% of the adult population is vaccinated,” IMF said in a statement.

The country will receive special drawing rights (SDR) resources worth $180 million.

For more information, please see https://www.ecofinagency.com/public-management/1101-43307-imf-hails-senegal-pledges-180mln-aid-fund

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