Senegal raises energy subsidies to 790.3 billion CFA francs
By the AFREEQUE newsroom, based on Dakaractu
The Senegalese government has raised energy subsidies in the draft 2026 supplementary finance bill to 790.3 billion CFA francs, from 250 billion in the initial budget. The ministry attributes the 540.3 billion increase to higher international energy prices, according to Dakaractu.
Senegal has raised the energy subsidies provided for in the draft 2026 supplementary finance bill to 790.3 billion CFA francs, from 250 billion in the initial budget. The Ministry of Economy, Finance and Planning attributed the 540.3 billion increase to rising international energy prices, according to Dakaractu.
The increase amounts to 540.3 billion CFA francs, more than three times the initial allocation. The Ministry of Economy, Finance and Planning explained it by rising international energy prices and geopolitical tensions. According to the minister, the effort aims to prevent an immediate increase in pump prices, transport costs and the cost of living, while ensuring energy supplies.
The clarification comes after the National Assembly rejected the 2026 supplementary finance bill, announced on 24 October. It also follows reports published on 21 October that energy subsidies in the 2026 supplementary finance bill had been cut by 30%, a position now contradicted by the figure detailed by the government.
