Senegal and IMF Agree on $2.2 Billion Loan After Debt Dispute

The IMF and Senegal agreed to a $2.2 billion loan program following a suspension due to undisclosed debt.

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As of 2026-09-02 12:23 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

The International Monetary Fund reached an agreement with Senegal on a new $2.2 billion debt program on 2024-08-29. ^[1] The IMF said the 2023 budget deficit was 12.3 percent of GDP, whereas the last government claimed it was 4.9 percent. ^[2] The IMF suspended a prior $1.8 billion aid program agreed upon in 2023 after discovering previously unreported debt. ^[3] Senegal's total public-sector debt was estimated at 132 percent of gross domestic product at the end of 2024, making it one of the most heavily indebted countries in sub-Saharan Africa. ^[4] The fiscal deficit fell from 13.4 percent of GDP in 2024 to 6.4 percent in 2025, largely as a result of tighter government spending, according to the IMF. ^[5]

What this stands on

The International Monetary Fund reached an agreement with Senegal on a new $2.2 billion debt program on 2024-08-29. · Africanews

The IMF said the 2023 budget deficit was 12.3 percent of GDP, whereas the last government claimed it was 4.9 percent. · Africanews

The IMF suspended a prior $1.8 billion aid program agreed upon in 2023 after discovering previously unreported debt. · Africanews

Senegal's total public-sector debt was estimated at 132 percent of gross domestic product at the end of 2024, making it one of the most heavily indebted countries in sub-Saharan Africa. ·

allAfrica.comSouth Africa

The fiscal deficit fell from 13.4 percent of GDP in 2024 to 6.4 percent in 2025, largely as a result of tighter government spending, according to the IMF. ·

allAfrica.comSouth Africa

The one we could place publishes from South Africa. 1 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.

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