Search

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

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.

Recent Business

Electricity transmission line. Photo by Sherise Van Dyk @ Unsplash
Mali secures $60mn to shore up power grid and curb outages
Read More »
Carrefour operates in over 550 markets across Sub-Saharan Africa. Photo by James Orr @ Unsplash
French retailer Carrefour enters Ethiopia with 30-store expansion plan
Read More »
A train on a railway. Photo by Nico Wall @ Pixabay
Lobito rail deal attracts $753mn funds to power Angola’s minerals corridor
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights