IMF returns to Dakar as Senegal seeks path out of debt crisis | Africanews
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IMF returns to Dakar as Senegal seeks path out of debt crisis | Africanews
The IMF is resuming talks in Dakar with Senegal to address a deepening fiscal crisis and rising debt, marking the first formal engagement since February. Key focus areas include:
- debt burden assessment: official debt around 132% of GDP when including state-owned enterprises
- safeguards against opaque borrowing, including scrutiny of a €650 million total return swap operation
- financing needs: ability to meet debt payments and interest in the next 12 months
- revenue and
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