Amended Finance Law: Senegal in the Red, Major Deficit Revealed

The amended finance law of Senegal reveals a drop in tax revenues of 453.3 billion FCFA, while public debt charges increase by 94.6 billion. The expected growth for 2026 is revised down to 2.7%, from an initial 5%. Expected revenues amount to 5,848.7 billion FCFA, a decrease of 340.1 billion compared to the initial finance law. This situation is exacerbated by rising energy subsidies and increasing interest rates on public debt.