The International Monetary Fund is evaluating Senegal’s financing strategy as it prepares to finalise a reform-backed new programme.
An IMF team recently visited Dakar but did not announce a new support package after the previous one was suspended.
The earlier suspension followed revelations of debt misreporting, which raised concerns among international lenders and investors.
Political infighting and disagreements with the Fund over potential debt restructuring have placed additional pressure on Senegal’s sovereign bonds.
IMF spokesperson Julie Kozack emphasised that decisions on debt management and any restructuring remain firmly in Senegal’s sovereign authority.
The Fund’s assessment seeks to ensure that Senegal’s strategy is sustainable and aligns with international financial standards.
Senegal faces the dual challenge of restoring investor confidence while maintaining fiscal discipline amidst complex political dynamics.
Officials noted that the IMF mission aimed to clarify reform priorities and offer guidance without imposing immediate financial assistance.
The outcome of the assessment will influence whether Senegal secures new support, shaping its economic trajectory in the coming years.
Observers say the IMF’s careful approach reflects sensitivity to sovereign decision-making while safeguarding global financial stability.
