senegals gross domestic product growth was estimated at 61 in 2021 the international monetary fund said friday the growth supported by strong industrial production and the services sector was 1 higher than previously anticipated the imf said the war in ukraine is however casting a shadow on the macroeconomic outlook imf mission chief edward gemayel said rising global food and energy prices have added to existing policy challenges including the lingering effects of the pandemic regional insecurity and rising social demands in the run up to the july parliamentary elections he said these challenges increase downside risks to growth and are likely to add to inflationary pressure and result in significant additional spending mr gemayel said average inflation was contained at 22 though food prices increased by 29 in 2021 despite shortfalls in tax revenues budget execution was broadly in line with target with an overall fiscal deficit of 63 of gdp he said the west african countrys fiscal spacehow much it can borrow at low yields without stressing markets or having trouble borrowinghas significantly narrowed as public debt has risen steadily over the last decade largely reflecting the scalingup of public investment he said with limited resources enhancing revenue mobilization streamlining and better targeting subsidies and reprioritizing spending will be essential to avoid significant budget slippages and preserve debt sustainability mr gemayel said