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Senegal's Economic Sovereignty: the Banking System as a Lever for Exit and Recovery
Summary by Financial Afrik
1 Articles
1 Articles
By Thierno Seydou Nourou SY, Banquier, Founder of Nourou Financial Consulting (NFC) Dakar-Senegal. Senegal is going through a complex economic period, characterized by a high public debt (almost 110% of GDP) of the persistent twin deficits (Budget deficit forecasted in 2025 at 7.1% of GDP and current account deficit between 12% and 14% in 2025) and a eroded confidence of the partners. However, paradoxically, the country has considerable assets: …
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