Downgrade of Senegal's Rating: Seydi Gassama Blasts Macky Sall

Author: senenews.comPublished on: August 31, 2026Country: Senegal
PoliticsBusiness & Economy
Downgrade of Senegal's Rating: Seydi Gassama Blasts Macky Sall

Seydi Gassama, a human rights defender, criticized Macky Sall following the downgrade of Senegal's sovereign rating by Moody's from Caa1 to Caa2. He attributes this situation to the accumulation of public debt under the previous regime, estimated at $7 billion, a portion of which was allegedly undeclared. Gassama emphasizes that this unaccounted debt impacts Senegal's relations with its financial partners and contributes to the current economic difficulties.

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