The bleak scenario of Senegal's public finances: '100 Fcfa invested, 57 Fcfa in interest paid'

Senegal's public debt service could reach 6,800 billion FCFA in 2026, representing nearly 30% of GDP, with a projected budget deficit of 9.2%. Economist Babacar Gaye states that revenue forecasts are not deemed reliable by the market, and borrowing costs are high, ranging from 6% to 10%. The revised finance bill submitted on September 18 indicates a gross financing need of 6,774 billion FCFA.