Senegal will present its debt treatment strategy to external creditors on a call hosted by the International Monetary Fund (IMF) on 6 October, the finance ministry announced. Officials will update creditors on the economy, the reform programme and the staff-level agreement on a $2.2 billion Extended Credit Facility reached on 1 September, which still needs IMF board approval. Senegal’s previous IMF programme was frozen after the government revealed in 2024 that earlier administrations had under-reported debt. The call will signal how Senegal intends to treat its external debt, and whether Eurobond holders and other lenders face losses. Investors will look for detail on timing and scope.
Economy & Finance · Tags: Senegal, International Monetary Fund (IMF)