Senegal: IMF calls for immediate reforms to address budget irregularities

An International Monetary Fund delegation, headed by Edward Gemayel, traveled to Senegal from March 18 to 26 to assess the Audit Office’s report published on February 12. In light of these findings, the IMF recommends urgent reforms to strengthen transparency and control of public finances.

The IMF determined that the average budget deficit was underestimated by 5.6 percentage points of GDP, while the central government debt increased…