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Senegal

Senegal

Population: 18.66m
GDP: $33.68bn
Debt: 72.5% of GDP (2024)

news from Senegal

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Found 155 articles.

Displaying 1-10 out of 155 results.

Debt time bomb blows open the Sonko-Faye pact

Dakar is paying the creditors but the political split between the president and the premier is widening

As Beijing has started to hold back vital funding, Prime Minister Ousmane Sonko faces intensifying pressure to reach an accommodation with the IMF. The open rift between the...


Sonko’s last stand as debt trap closes in

With the economy in technical default and a student killed in campus protests, the prime minister may be forced to accept an IMF-debt restructuring

Senegal’s government is sliding toward a financial reckoning. Now Africa's most indebted country – its debts are estimated at 132% of GDP after a post-election audit exposed US$7...


Faye and Sonko agree an uneasy truce

Debt pressures, IMF talks and partisan rivalries expose the fragility of a leadership once seen as unbreakable

After a public rift that shook their political brotherhood and threatened crucial negotiations with the IMF, President Bassirou Diomaye Faye and Prime Minister Ousmane Sonko have stepped back...


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Hidden loans ramp up debt servicing costs

Finance Ministry say payments will be US$1 billion higher than expected in 2026

Senegal’s debt servicing bill for next year will be almost US$1 billion higher than expected, partly on the back of hidden liabilities accrued by former President Macky Sall.

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Displaying 1-10 out of 155 results.