Fin de mission du FMI au Sénégal : toujours pas de nouvel accord, mais des "progrès significatifs"
In a statement, the International Monetary Fund (IMF) delivered its conclusions after a two-week visit.
An International Monetary Fund (IMF) team, led by Edward Gemayel, Mission Chief for Senegal, concluded a two-week visit (October 22 to November 6, 2025) to Dakar to advance discussions on a new loan program and assess corrective measures related to hidden debt.
Despite the challenges posed by high public debt, the IMF is confident in the resilience of the Senegalese economy, largely supported by the start of hydrocarbon production.
Edward Gemayel emphasized that the Senegalese economy is projected for a robust year in 2025: “Despite global uncertainty and tighter financing conditions, Senegal’s economy remains robust in 2025, supported by the first full year of oil and gas production and a rebound in agriculture.”
Real GDP growth is projected at around 7.9% for this year. Inflation is expected to average around 1.4%.
The IMF welcomes the government's commitment to fiscal discipline, which is necessary after the hidden debt episode. The overall deficit is projected to decrease significantly, from 13.4% of GDP in 2024 to 7.8% in 2025. The 2026 draft budget aims for a further reduction to 5.4% of GDP, based on ambitious revenue mobilization plans.
However, the IMF expresses a warning about the realism of the revenue projections: "While the ambition is commendable, the very high assumed tax yield of the announced measures poses a significant risk, highlighting the need for more conservative projections."
Revenue measures include new taxes on gambling, mobile transfers, property tax, and the phase-out of tax exemptions.
Senegal continues to face significant debt pressures. Total public sector debt is estimated at 132% of GDP by the end of 2024. This figure includes 4% of arrears in domestic spending pending the results of an audit conducted by the Inspectorate General of Finance.
Regarding corrective measures following the "misreporting case," Edward Gemayel stressed the priorities: "Satisfactory progress has been made on corrective actions related to misreporting, including improvements to debt publications, but further decisive measures are needed."
Strengthening debt management capacity and centralizing its functions within a single ministry remain "key priorities to strengthen control, transparency and accountability".
The mission resulted in "significant progress toward laying the groundwork for a new IMF-supported program." Constructive discussions focused on "fiscal sustainability, improved debt management, and strengthened governance."
The IMF says it is ready to continue the dialogue in the coming weeks to finalize the agreement. IMF staff welcomed the authorities' commitment: "The authorities deserve recognition for their continued commitment to transparency, fiscal discipline, and sound macroeconomic management."
Commentaires (6)
Keine douleine neixal dhh. Avec ou sans vous on ira
Patience … trouver solutions alternatives durables
Ne plus faire des bêtises
C'est ça ki est la vérité. FMI ne prêtera rien au gouvernement Sonko Diomaye. Li moy wakh dji, ces gens se foutent de nous. Paracetamol bi doyna.
Foutez les dehors. Des interminables aller-retour en a plus finir. Soyons fiers et travaillons ensemble pour notre pays à nous.
Ce Edward Gemayel, Chef de mission pour le Sénégal, est dans de sérieux problèmes , le boddy langage de ses collègues a ses coté est assez édifiant. Pendant des années il n a rien vu venir .Edward Gemayel a discrédité le Fmi a l échelle mondial .Il sera demis de ses fonctions incessamment il va être le bouc émissaire.
Ils vont les tourner en bourrique pendant longtemps avant de leur accorder quelques faveurs.
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