growth is projected to contract by 1.5 percent in 2012, mostly because of the accumulated arrears, a stagnant credit to the …

Senegal's growth has been sluggish in recent years, with implications for poverty reduction. Average growth was …, growth decreased to an average of 3.3 percent in 2006–11. As a result, per capita income increased only modestly and poverty … relatively strong in 1995–2005 and accompanied by a large drop in poverty incidence. Due partly to a series of exogenous shocks …