Étiquette BREAKING

In Senegal, the IMF agreement widens the gap between Bassirou Diomaye Faye and Ousmane Sonko.

Two years after the suspension of their agreement, the International Monetary Fund (IMF) and Senegal agreed on September 1st to resume their cooperation. The new technical agreement still needs to be approved by the IMF’s Executive Board. Running for thirty-six months, it would open up a program of approximately $2.2 billion (1,244 billion CFA francs and €1.9 billion) for Senegal. It should enable financing from the World Bank and other partners.