The State's Coffers on Fire, the Bill Rises by 12 Billion FCFA per Dollar of Oil

The energy price stabilization policy in Senegal is criticized for its economic limits, as maintaining low tariffs burdens public finances. Each increase of 1 dollar in the price of oil results in approximately 12 billion FCFA in additional costs for the state, raising subsidies from 250 billion to 408 billion FCFA depending on the barrel price. If the barrel reaches 100 dollars, the public energy bill could approach 680 billion FCFA, increasing the vulnerability of public finances.