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Senegal Economy

IMF poised to back Senegal without debt overhaul

The IMF is poised to approve a new financial program for Senegal without mandating a sovereign debt overhaul, banking on future gas revenues to stabilize the economy, despite internal concerns over debt sustainability. The International Monetary Fund is finalizing a new financial support program for Senegal, opting for a significant gamble, backing the West African […]

Why President Diomaye Faye is struggling to attract investors

In the realm of global economics, the relationship between governments and investors can often dictate the trajectory of a nation’s growth. For Senegal, the presidency of Bassirou Diomaye Faye has been marked by a critical challenge: attracting new investors to revitalize a struggling economy. With a history of reliance on international support, particularly from the […]

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