- Senegal raises $232mn in local bonds despite credit downgrade and debt misreporting concerns
- Government to unveil fiscal consolidation plan on August 1 as IMF talks continue
DAKAR, SENEGAL – Senegal has raised 132 billion CFA francs ($232 million) in a local bond auction, pressing ahead with its borrowing strategy despite a sovereign credit downgrade and mounting scrutiny over undisclosed public debt.
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