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Public debt: Launch of the report “Senegal debt crisis”

09/02/2026
Source : ORISHAS FINANCE
Categories: Sectors

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Afrikajom Center, in partnership with Finance for Development Lab organized an Agora/Penc day on Friday 6 February 2026 devoted to the debt crisis in Senegal. The event marks the launch official of the Ndiaye-Kessler Report, a strategic document that brings together economists, academics, experts in public finances and actors in civil society in order to “enlighten citizens” and to fuel a public debate informed.

The Ndiaye-Kessler report draws up the observation of a real crisis and poses, bluntly, the terms of a heavy-handed dilemma economic, social and political implications. The document is intended to shed light public debate and foster decisive choices, at a time when debt is which has become a central issue of sovereignty and national stability; According to The news, Senegal is going through one of the zones of economic turmoil the most delicate in its recent history.

Presented by Professor Abdoulaye Ndiaye, A specialist in public finances and debt, the report concludes without ambiguity: “there is a debt crisis in Senegal”, whose magnitude exceeds now “120% of GDP” after the disclosure of unanticipated liabilities. “The The question is no longer whether there is a hidden debt, but how overcome the wall that stands in front of us”, he insists, stressing that the The crisis is both “classical” and “exceptional.”

The report highlights the immediate reaction of financial markets after the audit: rise in eurobond interest rates up to “12%”, deterioration of sovereign ratings, restriction of access to international financing and increased dependence on the regional market. The IMF, for its part, “has not yet confirmed that the Senegalese debt is sustainable”, contrary to the position shown by the administration current.

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