Senegal's 2025 budget sees lower deficit after audit revelations - SABC News

Senegal expects a budget deficit of about 7% of gross domestic product

expects a budget deficit of about 7% of gross domestic product in 2025, according to government proposals seen by Reuters on Saturday, down from the 10% revealed in an audit that triggered a freeze on the country’s $1.9 billion IMF programme.

The audit, ordered by newly elected President Bassirou Diomaye Faye, showed the deficit at the end of 2023 stood at more than 10% compared with the about 5% reported by the previous government. The budget proposals, expected to be examined by the country’s new parliament in the coming days, say Senegal will implement a “prudent” debt policy using traditional donors to finance projects in 2025 and the years to follow.

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