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Senegal-IMF Talks to Start in Mid-October
October 6, 2025
Senegal and the IMF are set to begin talks in mid-October for a new financial program, as per the IMF’s Managing Director, Kristalina Georgieva. This decision follows a year-long review of Senegal’s finances and initial discussions held in August. Georgieva welcomed Senegal’s official request for a new program, highlighting the authorities’ “strong determination” to advance their economic reforms and the “important progress” made in addressing the misreporting. A new loan is considered important for rebuilding investor confidence and unlocking future financing. The IMF’s board is also expected to consider a waiver for the roughly $700mn already disbursed under the suspended facility. The IMF had previously frozen a $1.8bn lending programme to Senegal when it discovered that the nation’s debt was misreported – a sum that has ballooned to over $11bn.
Senegal’s 6.25% 2033s were trading stable at 75.6, yielding 11.9%.
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