[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109037-en":3,"doc-seo-109037-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},109037,13056703020460,"Valentina","https://ap-avatar.wpscdn.com/avatar/be000253dac470eee5d?_k=1778207105932848923",8,"Research & Report","A Country Private Sector Diagnostic - Sustaining Growth in an Uncertain Environment - Executive Summary - April 2020","A Country Private Sector Diagnostic assesses Senegal’s growth trajectory since 2014, the transition to lower-middle-income status in 2019, and the persistent challenges of poverty reduction and unemployment. It analyzes how the COVID-19 pandemic and the government’s emergency measures disrupt economic activity, especially services, while a support plan estimated at around 7% of GDP targets health system strengthening, social protection, supply and distribution of key goods, and stabilization of the economy and financial system. The report argues that recovery requires innovative approaches to revive growth, create jobs, and strengthen the role of the private sector through structural reforms aligned with a changing economic landscape.","A COUNTRY PRIVATE SECTOR DIAGNOSTIC  \nCREATING MARKETS IN SENEGAL  \nSustaining growth In an uncertain environment  \nblisclosure Authorized u li iD sc os re Authorized Public Disclosure Authorized  \nExecutive Summary  \nAPRIL 2020  \nAbout IFC  \nIFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2018, we delivered more than $23 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, [visit www.ifc.org](visit www.ifc.org)  \n© International Finance Corporation 2020. All rights reserved.  \n2121 Pennsylvania Avenue, N.W.  \nWashington, D.C. 20433 [www.ifc.org](www.ifc.org)  \nThe material in this report was prepared in consultation with government officials and the private sector in Senegal and is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon.  \nThe findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the Executive Directors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governments they represent.  \nThis publication uses U.S. spelling. All mentions of dollars refer to U.S. dollars, unless otherwise indicated.  \nAll data are current as of February 2020  \nCover Photos: Dereje, INSTA GRAPHISTE, Anze Furlan, Salvador Aznar, Agarianna76, ambient_pix, [Senegal / Shutterstock.com](Senegal / Shutterstock.com)  \nEXECUTIVE SUMMARY  \nSenegal’s strong economic growth since 2014 represents a positive departure from weaker past growth performance since independence. Just this past year, in 2019, Senegal crossed the threshold to become a lower-middle-income country. The country remains challenged, however, in addressing poverty reduction and unemployment.  \nAn additional challenge has been created by the novel coronavirus (COVID-19) pandemic that reached Senegal in early March 2020. In response to the outbreak, the Government of Senegal has taken strong measures to contain the spread of the virus. In early March 2020, it declared a state of emergency, suspended international air travel and shut borders. To ensure social distancing, the government closed entertainment, religious and education venues, cancelled events, prohibited public gatherings, and imposed a nighttime curfew.  \nFurther, the government is implementing a comprehensive plan to support the population and the economy, which is estimated to amount to around 7 percent of GDP, according to the IMF COVID-19 Policy Tracker. The plan revolves around:  \n(i) improving the health system, (ii) strengthening social protection, (iii) securing supplies and distribution for key goods (for example, foodstuffs and medicine), and (iv) stabilizing the economy and the financial system.  \nYet, despite these significant measures, the economy and the private sector will suffer from the crisis. Senegal is exposed to the COVID-19 shock through a mix of external and domestic transmission channels. Externally, international supply chain disruptions and weaker demand in key export markets will affect export performance, particularly tourism and transport-related services. Terms of trade effects should be fav","cbCaiee0su3G09ti","https://ap.wps.com/l/cbCaiee0su3G09ti","pdf",3617300,4,1,16,"English","en",105,"# Executive Summary\n## Senegal’s growth since 2014 and key challenges\n## COVID-19 response and economic impact\n## Government support plan and policy directions\n## Pathways for private-sector-led recovery\n## Growth drivers between 2014 and 2019","[{\"question\":\"What growth changes did Senegal experience between 2014 and 2019?\",\"answer\":\"Senegal saw stronger economic growth after 2014, with GDP rising faster than the Sub-Saharan African average and reaching 6.7% growth in 2018. In 2019, the country crossed the threshold to become a lower-middle-income country.\"},{\"question\":\"How did COVID-19 measures affect Senegal’s economy and private sector?\",\"answer\":\"The pandemic triggered disruptions through external and domestic channels, including supply-chain disruptions and weaker demand in export markets. Containment and mitigation measures already disrupted economic activity, particularly in services.\"},{\"question\":\"What are the main components of the government’s COVID-19 support plan?\",\"answer\":\"The plan focuses on improving the health system, strengthening social protection, securing supplies and distribution for key goods such as food and medicine, and stabilizing the economy and financial system.\"}]",1784476052,40,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"a-country-private-sector-diagnostic-sustaining-growth-in-an-uncertain-environment-executive-summary-april-2020","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/a-country-private-sector-diagnostic-sustaining-growth-in-an-uncertain-environment-executive-summary-april-2020/109037/",{"url":52,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What growth changes did Senegal experience between 2014 and 2019?","Question",{"text":75,"@type":76},"Senegal saw stronger economic growth after 2014, with GDP rising faster than the Sub-Saharan African average and reaching 6.7% growth in 2018. In 2019, the country crossed the threshold to become a lower-middle-income country.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How did COVID-19 measures affect Senegal’s economy and private sector?",{"text":80,"@type":76},"The pandemic triggered disruptions through external and domestic channels, including supply-chain disruptions and weaker demand in export markets. Containment and mitigation measures already disrupted economic activity, particularly in services.",{"name":82,"@type":73,"acceptedAnswer":83},"What are the main components of the government’s COVID-19 support plan?",{"text":84,"@type":76},"The plan focuses on improving the health system, strengthening social protection, securing supplies and distribution for key goods such as food and medicine, and stabilizing the economy and financial system.","https://schema.org",{"og:url":52,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,119,122,127,130,134],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":46,"category_name":117,"show_sort_weight":29,"slug":118},7,"Healthcare","healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":46,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":46,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":46,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":46,"category_name":136,"show_sort_weight":106,"slug":137},19,"General","general"]