2026 Amended Finance Bill: The Troubling Figures That Really Concern Pastef

Author: senenews.comPublished on: October 22, 2026Country: Senegal
PoliticsBusiness & Economy
2026 Amended Finance Bill: The Troubling Figures That Really Concern Pastef

Amadou Babo Bâ, national coordinator of Pastef’s executives, says the 2026 amended finance bill cuts investment credits by 555 billion CFA francs, affecting infrastructure, health, education and employment. He describes public finances as worrying as the state’s financing requirement reaches 6,774 billion CFA francs and debt interest rises by 94 billion to 1,285 billion. Babo Bâ also questions why the Presidency’s budget is increasing by 39.4 billion CFA francs while health, education and water projects face cuts. Former minister Abdourahmane Sarr says reducing both petroleum taxes and energy subsidies could protect purchasing power and competitiveness while limiting the budgetary impact.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Dele Momodu accuses APC of using statistics to mislead Nigerians
PoliticsBusiness & EconomyNigeria
Adegboyega Adeleye•

Dele Momodu accuses APC of using statistics to mislead Nigerians

Dele Momodu, media and communications deputy director-general for the African Democratic Congress (ADC) presidential campaign and a supporter of Atiku Abubakar, accused Bola Tinubu’s government of using economic statistics to mislead Nigerians. Speaking on Channels Television, he said the APC attacks the World Bank and The Economist when their assessments criticize Nigeria’s economic direction or borrowing. Momodu urged the Independent National Electoral Commission (INEC) to publish the voters’ register, contrasting the APC’s claimed 12 million members with 103 million registered voters. He said politically unaffiliated voters—the “floaters party”—could influence the 2027 presidential election.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox