Oil Output Spurs Record Quarterly Economic Growth in Senegal

Image for article Oil Output Spurs Record Quarterly Economic Growth in Senegal
News Source : Financial Post

News Summary

  • Gross domestic product jumped 8
  • 9% in the three months through September from the previous quarter
  • Economic growth is poised to accelerate further as Senegal begins exporting gas from BP Plc’s Greater Tortue Ahmeyim liquefied natural gas project
  • The economic expansion provides an opportunity to fix public finances in the West African nation
(Bloomberg) Senegals economic growth rate surged to a record in the third quarter as the West African nation began exporting oil, with the International Monetary Fund predicting a 9.3% expansion next [+1714 chars]

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