RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Senegal: the level of indebtedness on the way to exceed the threshold set by the WAEMU

19/12/2020
Source : ACTUSEN
Categories: Economy/Forex

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

Cash flow pressures will be at the rendezvous in 2021. SourceA, which gives the information in its publication this Saturday, specifies that this is caused by the strong need for resources, to mitigate the effects of the coronavirus crisis. Thus, informs the newspaper, the services of the Ministry of Finance and Budget have projected the debt ratio at 67.4% of GDP.

It would be a miracle if Senegal managed not to exceed the rate of 70% of GDP imposed by the WAEMU. But for our colleagues, it is almost impossible, since our country has decided, once again, to borrow money on the national and international market.

To this end, he informs, before the end of 2021, the debt ratio can exceed 80% of GDP, if the trend does not reverse. This is unlikely, because of the crisis that has forced the Senegalese authorities into more debt.

The other bad news, adds "SourceA" is that the price level of goods and services will also be rising, in 2021. The first victims of this inflation rate will, of course, be households.

Provided by AWS Translate

0 COMMENTAIRE