The World Bank released its report on the economic situation in Senegal on Wednesday, September 28, 2022.

Senegal's public debt reached 73.2% of GDP in 2022, which has increased, according to the report document released by the World Bank, nearly 10 percentage points of GDP since 2019. In 2022, the financial institution also projected that the stock of public debt should reach 75.1% of GDP. Similarly, this year, the World Bank forecasts that the stock of public debt should reach 75.1% of GDP before gradually decreasing. The same document shows that in 2021, the current account deficit increased to 13.3% of GDP compared to 10.9% of GDP in 2020.

In addition, the trade deficit was mainly financed by strong foreign direct investments (FDI) linked to hydrocarbons and by the D&# issue 39; Eurobonds in the month of June 2021.