Senegalese Prime Minister Ahmadou Al Aminou Mohamed Lô says the 2026 supplementary budget decisions reflect a 340 billion CFA franc shortfall in expected revenue and 540 billion in additional spending. He cited energy subsidies and defence and security needs at a press conference, reports APS.
Senegalese Prime Minister Ahmadou Al Aminou Mohamed Lô says the 2026 supplementary budget decisions reflect a 340 billion CFA franc shortfall in expected revenue and 540 billion in additional spending. He cited energy subsidies and defence and security needs at a press conference, reports APS.
Senegal’s Ministry of Economy says the Grand Water Transfer Project has not been cancelled, despite the removal of 20 billion CFA francs from the 2026 supplementary budget. An allocation of 13.8 billion is rescheduled for 2027 to compensate affected people, according to the ministry.
The Burkinabe government has approved the ratification of CFA franc 67.2 billion in financing to support 120,000 vulnerable households over five years. The project includes 4,800 cooperatives, 1,200 local economic units and several storage facilities, according to the Council of Ministers’ report.
The Senegalese government plans to mobilise 105 billion CFA francs and settle 44 billion in arrears to secure the 2026-2027 groundnut season. SONACOS financing must be finalised before collection is due to begin in late November, according to Le Soleil.
The Senegalese government has announced about 20 measures for the 2026-2027 agricultural marketing season, including paying 44 billion CFA francs in arrears to input suppliers. SONACOS is to buy 250,000 tonnes of groundnuts, with the state planning to finalise the financing soon, according to deputy government secretary-general Lamine Sarr, cited by APS.
Senegalese Prime Minister Ahmadou Alhaminou Lo estimates the financing needs for the next agricultural marketing season at more than 200 billion CFA francs. He calls for financing, storage and payment for harvests to be secured, while their processing is developed, according to a report cited by Seneplus.