Senegal’s ruling party stalls budget tied to IMF programme

21 October 2026

Senegal’s parliamentary finance committee ended talks on 20 October without agreement on the 2026 supplementary budget, and the government postponed the plenary vote set for 23 October to next week. The ruling Pastef party, which holds 130 of 165 seats, objects to the bill drafted by Prime Minister Al Aminou Lô’s government; party leader and National Assembly Speaker Ousmane Sonko said it cuts energy subsidies by about 30%. The supplementary budget is a condition of a $2.2 billion International Monetary Fund (IMF) programme agreed at staff level, which still needs board approval. A long standoff would delay the IMF money and slow Senegal’s restructuring of a public debt estimated at about 130% of gross domestic product.

Economy & Finance · Tags: Senegal, Pastef, International Monetary Fund

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