The IMF and Senegal have agreed on a new $2.2 billion loan programme to support financial reforms. The deal comes after Senegal’s unreported debt was recently revealed, and the president accused a predecessor of hiding the true state of the budget deficit.
WHO:International Monetary Fund (IMF) and Senegal
WHAT:IMF and Senegal agree on a new $2.2 billion loan programme to support financial reforms.
WHEN:Reported Sep 1, 2026 at 8:00 PM ET
WHERE:Senegal
WHY:The programme is intended to support financial reforms following the recent revelation of a large amount of unreported debt and amid disputes over the budget deficit.
How this story developed (showing 2 of 2 earlier reports)