Anta Babacar Ngom à Serigne Guèye Diop : “Le secteur industriel à l'agonie, l'État étrangle son propre secteur privé"
Facing the Minister of Industry and Trade, in the middle of a plenary session devoted to the examination of the budget of his department, MP Anta Babacar Ngom diagnosed the industrial situation of Senegal.
According to her, the sector is “dying”, caught in a downward spiral that the authorities can no longer ignore. “The industrial sector is collapsing before your eyes, every day. More than a hundred companies have closed and the others are on the verge of bankruptcy,” she said.
According to him, it is urgent to put an end to “slogans, incantations and announcements” in order to finally build a solid industrial policy.
The MP insisted: "Senegal will never develop without its Senegalese businesses. No economy in the world has been built without a respected, involved, and supported national private sector."
“National champions already exist”
Referring to the recent announcement by the President of the Republic concerning an initiative dedicated to “national champions”, Anta Babacar Ngom says he welcomes the approach, but points out that some champions have existed for more than 50 years.
"These are men and women who built factories, innovated, and employed millions of Senegalese. They took colossal risks and weathered every crisis, often alone and misunderstood."
She insists that these private sector players expect only one thing: "To be respected, listened to, and considered as strategic allies, not as actors consulted at the last minute. We are your natural allies, not your adversaries."
A “strangling” domestic debt
Also addressing the Minister of Finance, the MP denounced the domestic debt that is "strangling" businesses, noting that over 300 billion CFA francs in arrears concern the construction sector alone. She described an alarming situation: suspended construction sites, idle machinery, closed small and medium-sized enterprises, and depleted cash reserves.
"The state is strangling its own private sector by depriving it of the resources necessary for its survival. Banks are now financing government bonds instead of financing the real economy," she denounced.
“Words are no longer enough”
Anta Babacar Ngom concluded by calling on the executive to act without delay, stating that the social and macroeconomic consequences of this crisis are already “dramatic”.
"Words are no longer enough. Senegal expects action. The private sector expects action. And history will judge your ability to act."
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