News

The International Monetary Fund said on Monday that talks on a new programme for Senegal could not go ahead until the government addressed the misreporting of key economic data under the previous ...
Mr. Abebe Aemro Selassie, Director of the International Monetary Fund’s (IMF) African Department, met yesterday in Dakar with President Bassirou Diomaye Faye of Senegal. At the conclusion of the ...
In response to the reported discrepancies, the IMF suspended its $1.8bn credit facility to Senegal in 2024, pending a full review of the country's fiscal reporting. The suspension remains in place ...
Senegal's public debt rose to 105.7% of GDP by the end of 2024, according to the IMF, which has endorsed findings by the country's Court of Auditors The IMF mission to Dakar, conducted in March, ...
A top boss at the International Monetary Fund (IMF) says his organisation hopes to finalise a new aid programme for Senegal as soon as possible after suspending its $1.8 billion credit line in October ...
The International Monetary Fund on Wednesday called for Senegal to streamline tax exemptions and phase out costly energy subsidies as part of "urgent reforms" after an audit revealed misreporting of ...
The IMF suspended Senegal’s $1.8 billion program in October after an audit ordered by President Bassirou Diomaye Faye following his election last year found the previous administration ...
An IMF mission visited Senegal to review findings of the audit report by the Court of Auditors, confirming significant under-reporting of fiscal deficits and public debt between 2019–2023. The team ...
The financial institution announced that it had identified a misrepresentation of $7 billion (over 4,000 billion CFA francs). Compared to GDP, the outstanding amount, including the amount of ...
The IMF suspended its existing $1.8 billion credit facility to Senegal pending a review of state finances, which confirmed last month that the debt and budget deficit were much wider than former ...
Senegal's Court of Auditors found last month that the country's outstanding debt represents 99.67 percent of GDP. A separate IMF inquiry has found that between 2019 and 2024 a debt of ...