IMF Approves $2.2 Billion Bailout for Senegal Amid Debt Restructuring

The International Monetary Fund has approved a $2.2 billion bailout package for Senegal, which will require the West African nation to restructure its external debts. This agreement marks the resumption of IMF lending after revelations of billions of dollars in misreported debt last year, impacting Senegal's financial stability and bond markets.