The 1 September launch of Senegal’s Debt Treatment Plan (PTDS), together with a staff-level agreement on a new US$2.2bn IMF programme, has given the country’s adjustment a clearer institutional path. But execution remains demanding: a revised budget (PLFR) that widens the deficit to 7.6% of GDP, an S&P downgrade, and a more contested political setting since May.
Our new country assessment connects these developments to what they mean on the ground: fiscal and debt position, creditor composition, macro and monetary conditions, the political economy of reform, and the catalysts to watch in the months ahead.
Debt treatment is underway, but execution will remain challenging.
Read our full assessment here:
