Senegal’s business climate improves sharply in Q4 2016
The business climate in Senegal improved markedly at the end of the fourth quarter of 2016 compared to the previous one, the Directorate of Forecasting and Economic Studies (DPEE) said on Thursday.
The indicator which synthesizes the opinions of business leaders was up by 30 percentage points quarterly to stand at 117 points against 87 points in the third quarter of 2016.
On a disaggregated basis, the indicator gained 12 points in the industry, 14 points in building and public works, 15 points in services and 19 points in trade, the Dakar-based body added.
Compared to the same period in 2015, the overall business climate index went up by two points in Q4 2016.