DPG: Al Aminou Lô acknowledges that Senegal is in 'structural adjustment'

During his General Policy Statement, Prime Minister Ahmadou Al Aminou Lô stated that Senegal is in structural adjustment, with a growth rate limited to 2.5%. He also mentioned short-term financing rates reaching up to 60%, illustrating the government's difficulties in mobilizing resources. Many public projects have been halted due to this situation, which has been exacerbated by the recent downgrade of Senegal's sovereign debt rating by S&P.