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Senegal - Agricultural Modernization and Intensification - Completion Report
Agriculture continues to be one of the most important sectors of economic activity in Senegal. It is, however, faced with technical, economic and financial constraints. The Government of Senegal responded to the situation with a new agricultural policy in 1984 and, in the years since then, it has continued to push ahead with reforms, including embarking on a Structural Adjustment Programme in the early 90s. In an effort to make agriculture more productive and competitive, the Government embarked on a number of measures designed to give the private sector more responsibilities in the sector. As part of its support to the ongoing reforms, the Government, supported by the Bank, initiated in 1993 the Agricultural Modernization and Intensification Programme(PMIA), a project designed to offer a suitable credit system accessible to farmers and create an investment-friendly environment.