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African Economic Outlook 2012

Promoting Youth Employment

image of African Economic Outlook 2012

This 11th edition of the African Economic Outlook reviews recent economic, social and political developments and the short-term likely evolutions of 53 African countries. This year’s edition will for the first time cover Eritrea and South Sudan. The focus of the 2012 AEO is the promotion of youth employment in Africa, presenting a comprehensive review of both challenges and opportunities Africa faces in providing its young population with sufficient and decent jobs.

Full-length country notes are available on www.africaneconomicoutlook.org

 

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Senegal

OECD Development Centre

The pace of recovery slowed slightly in 2011, with a rate of growth put at 4%, chiefly because of electrical power cuts that continued until the end of September. Growth is forecast to reach 4.2% in 2012 and 4.7% in 2013. These projections assume that the government programme is implemented, with the backing of the Economic Support Policy Instrument (ISPE-II) 2010-13. The main investment programmes on which it is based relate to the energy sector in the framework of the plan to restructure and relaunch it (the Takkal plan) and the road sector, with continuation of work on the toll highway. Nonetheless the uncertainties arising from the elections of the first six months of 2012 may have a negative impact on the implementation of ISPE-II and in particular on energy sector reform and the road infrastructure programme. Fears on this score may be dissipated by the peaceful outcome of the presidential election.

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