IMF and Senegal Agree on $2.2 Billion Loan Package for Fiscal Sustainability

The International Monetary Fund (IMF) and Senegal have reached a staff-level agreement for a $2.2-billion, three-year loan package. This program aims to restore fiscal sustainability and support economic reforms in Senegal, though final approval is contingent on corrective actions regarding a past misreporting case and securing financing assurances from development partners.