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

Ethio Telecom CEO Frehiwot Tamru meets with Solomon Quaynor and senior AfDB officials. Photo: Ethio telecom/Facebook
Ethiopia’s Telecom empire redraws Africa’s digital sovereignty battle
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Is South Africa’s inflation surge warning Africa’s mineral-driven economies?
Read More »
The town of Mbandaka is a busy port on the banks of the Congo River in western DR Congo Photo: Oxfam via Creative Common
Why is Congo returning to the IMF after winning investors again?
Read More »

Recent Politics

French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »

Latest Posts

Latest news insights