The IMF’s errors and impossible projections for inflation in Senegal

The International Monetary Fund (IMF) headquarters building is seen in Washington DC, US on April 8, 2019.

Photo credit: Reuters

The International Monetary Fund (IMF) recently launched its World Economic Outlook (WEO) in Washington with great fanfare.

Owing to this institution’s major influence over the formulation of public policy in most countries worldwide, it is important to exercise vigilance regarding the quality of its analysis.

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Note: The results are not exact but very close to the actual.