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Find all the economic and financial information on our Orishas Direct application to download on Play StoreSenegal's fiscal management has been characterized by improved mobilization of budgetary revenues and significant expenditure execution during the first 8 months of this year 2022.
In Senegal, at the end of the first 8 months of the year, revenues collected were estimated at 2075.3 billion. Compared to the same period of 2021, an increase of 25.2% was recorded. Public spending, for its part, increased by 27.3% to reach 2781.1 billion (excluding expenditure financed from external resources). In addition, an increase of $416.1 billion (+25.2%) was recorded thanks to the good collection of resources attributable to budgetary revenues driven by an increase in tax revenues (+28.3%).
Thus, public expenditure excluding expenditure financed from external resources was executed in the amount of 2781.1 billion at the end of August 2022 compared with 2185.2 billion a year ago, an increase of 595.9 billion (+27.3%). This is explained by the sustained increase in domestically financed investment and operational expenditure, including transfers and subsidies. Similarly, increases of 17.5% and 20.9% were recorded over the period under review, respectively, in payroll and debt interest charges, estimated at 698.2 billion and 256.8 billion respectively.
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