Senegal Reassesses IMF Strategy Amid Audit
Senegal’s $1.8 billion IMF aid program, secured in 2023, is now frozen and requires restructuring after an audit revealed higher debt and budget deficits than reported. Finance Minister Cheikh Diba announced at the annual IMF meetings in Washington that discussions with the Fund are underway, aiming for a revised agreement by early 2025. The audit,…
