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Senegal raises $67 million on regional bond market to cover budget gap

Photo by Fran Ben @ Pixabay | Senegal
Photo by Fran Ben @ Pixabay | Senegal

Alhousseiny Djigo

Alhousseiny Djigo is an experienced financial journalist based in Dakar.
  • Senegal secures $67mn through treasury bonds to meet budget financing needs
  • Analysts say the move reflects strong investor confidence despite rising fiscal pressures

 

DAKAR, SENEGAL – Senegal has raised $67 million on the West African regional bond market, a move officials say will help the country cover pressing budget needs amid mounting fiscal pressures.

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