Search

Senegal Plans to Raise $5.7 Billion in 2025 to Bridge Budget Deficit

Subscriber only Subscriber only
Breaking News
© Allen Dreyfus
  • Government plans to rely on debt markets to finance a $5.7 billion gap in the 2025 budget.
  • Syndicated loans, including Eurobonds, to account for over half of planned borrowing.

Senegal is set to raise up to $5.7 billion from financial markets in 2025 to balance its budget, according to the Ministry of Finance said Wednesday. The government’s provisional budget for the year is estimated at $10 billion, marking an 8.68% decrease compared to 2024.

You need an active subscription to continue reading this article.

Recent Business

Cocoa Farmer. © Pexels
Cocoa crisis deepens as Ghana battles illegal mining impact on global supply
Read More »
Africa map @ Unsplash
Is Africa’s $1.8 trillion debt crisis choking its resource future?
Read More »
A typical African house. Photo by Kristin Wilson @ Unsplash
West Africa mortgage fund posts robust H1 earnings
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is East Africa’s opposition under siege?
Read More »
Dr Mahamudu Bawumia, former vice president is a frontrunner in the opposition NPP flag bearer race. Photo: Courtesy Campaign Office of Bawumia/Facebook
Ghana’s opposition NPP flagbearer race risks ethnic split
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast opposition boycott raises election risks for investors
Read More »

Latest Posts

Latest news insights