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Senegal's 2024 budget: an estimated 9% increase

04/12/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The Senegalese Minister of Finance and Budget, Mamadou Moustapha Ba announced last Thursday at the close of the 2024 budget session of the National Assembly that the government's budget for the coming year is estimated at 7,003.6 billion FCFA compared to 6,411.5 billion FCFA in 2023, an increase of 9 per cent.

Mamadou Moustapha Ba indicated that in the 2024 budget estimated at 7,003.6 billion FCFA, 602 billion FCFA will be devoted to various sectors, including health, education, energy and the stability of basic necessities. According to the latter, investment spending on internal and external resources repr& Eacute; total 1.134.7 billion FCFA and 701.6 billion FCFA respectively, but 1.248 billion FCFA will be spent on debt service payments. The minister indicated that Senegal has invested nearly 40,000 billion to cover the salaries of public officials (7.387 billion), the operation of state services (10.582 billion) and the construction of infrastructure and equipment (12.679 billion) between 2021 and

2022.
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