Overview
- The plan aims to raise 5.7 trillion CFA francs—equivalent to Senegal’s entire 2025 budget—through domestic measures
- Officials expect 90 percent of recovery funds to come from internal resources by expanding taxes on digital, land and mining sectors
- Key measures include renegotiating oil, gas and mining contracts, targeting energy subsidies to vulnerable groups and cutting public spending
- Senegal’s public debt stands at 119 percent of GDP with a 14 percent budget deficit, intensifying pressure to restore fiscal credibility after IMF data misreporting
- The International Monetary Fund has suspended planned disbursements pending proof of plan implementation and compliance with fiscal commitments