IMF respects Senegal’s budget decisions
By the AFREEQUE newsroom, based on Senego
The IMF says it respects the budget decisions of Senegalese institutions after the rejection of the 2026 supplementary finance bill and the blocking of the 2027 budget. The institution nevertheless expects a budget framework consistent with agreed commitments and is continuing its economic support, according to its spokesperson Julie Kozack, cited by Leral.
The International Monetary Fund (IMF) respects the budget decisions of Senegalese institutions, while expecting the authorities to establish a budget framework consistent with the commitments made under the staff-level agreement, its spokesperson Julie Kozack said on Thursday, according to Senego and Leral.
Julie Kozack said the IMF was following discussions between the government and the National Assembly, without taking part in them. The Fund is supporting the authorities with independent economic analyses, recommendations and capacity-building assistance, while saying it remains available to continue dialogue on the proposed reform programme.
The agreement reached in September could serve as the basis for a future financing request. However, the rejection of the 2026 supplementary finance bill and the blocking of the initial 2027 budget have weakened this budget trajectory, after the National Assembly rejected the supplementary budget on 3 November.
In 2024, the IMF had suspended a previous $1.8 billion programme after the discovery of debt exceeding the amounts officially announced. The rejection of the supplementary budget had already been presented as potentially delaying a $2.2 billion IMF loan to Senegal on 3 November. IMF demands Senegalese budget framework
