How Senegal's Economic Situation Has Completely Changed in the Last 48 Hours

In just 48 hours, Senegal's economic situation has worsened following Moody's downgrade of its sovereign rating from Caa1 to Caa2. The agency highlighted an increased default risk due to liquidity tensions and the state's reduced capacity to meet its financial commitments. Public debt now stands at approximately 108% of GDP, placing Senegal among the most indebted countries on the continent.