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Senegal

Introduction to Senegal

Independent from France in 1960, Senegal joined with The Gambia to form the nominal confederation of Senegambia in 1982. However, the envisaged integration of the two countries was never carried out, and the union was dissolved in 1989. Despite peace talks, a southern separatist group sporadically has clashed with government forces since 1982. Senegal has a long history of participating in international peacekeeping.

Government

Capital:

Dakar 

Independence:

4 April 1960 (from France); complete independence was achieved upon dissolution of federation with Mali on 20 August 1960 

National holiday:

Independence Day, 4 April (1960) 

Economy

Economy overview:

In January 1994, Senegal undertook a bold and ambitious economic reform program with the support of the international donor community. This reform began with a 50% devaluation of Senegal's currency, the CFA franc, which was linked at a fixed rate to the French franc. Government price controls and subsidies have been steadily dismantled. After seeing its economy contract by 2.1% in 1993, Senegal made an important turnaround, thanks to the reform program, with real growth in GDP averaging 5% annually during 1995-2003. Annual inflation had been pushed down to the low single digits. As a member of the West African Economic and Monetary Union (WAEMU), Senegal is working toward greater regional integration with a unified external tariff. Senegal also realized full Internet connectivity in 1996, creating a miniboom in information technology-based services. Private activity now accounts for 82% of GDP. On the negative side, Senegal faces deep-seated urban problems of chronic unemployment, trade union militancy, juvenile delinquency, and drug addiction. 

GDP:

purchasing power parity -$17.09 billion (2004 est.)

GDP - composition by sector:

agriculture: 16.8%
industry: 27.2%
services: 56% (2004 est.) 

Agriculture products:

peanuts, millet, corn, sorghum, rice, cotton, tomatoes, green vegetables; cattle, poultry, pigs; fish 

Industries:

agricultural and fish processing, phosphate mining, fertilizer production, petroleum refining, construction materials 

Transportation

Waterways:

1,000 km (primarily on Senegal, Saloum, and Casamance rivers) (2003)

Pipelines:

gas 564 km (2003)

Ports and harbors:

Dakar, Kaolack, Matam, Podor, Richard Toll, Saint-Louis, Ziguinchor

Airports:

20 (2003 est.)

 

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