Fuel: Why the IMF is not directly asking for a new price increase in Senegal

Author: senenews.comPublished on: September 6, 2026Country: Senegal
Business & Economy
Fuel: Why the IMF is not directly asking for a new price increase in Senegal

According to Vera Mercedes, the IMF is not demanding a sudden increase in fuel prices, but rather a gradual reduction of public subsidies, which have risen from 1.1% to 3% of GDP. The decline in global oil prices could allow for this reduction without directly impacting consumers. Vera Mercedes clarified that the goal is not to eliminate subsidies, but to adjust them gradually over several years.

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