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Senegal and IMF Agree New $2.2 Billion Loan Programme

Summary by Africa News
Senegal has reached an agreement with the International Monetary Fund on a new $2.2 billion debt programme, the financial institution said on Tuesday. An earlier agreement was suspended in 2024 after the discovery of underreported debt.

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The IMF has reached an agreement with the Government of Senegal to set up an aid programme of "about $2.2 billion" for the period 2026-2029, the International Monetary Fund announced. This announcement comes almost three years after the institution suspended its last loan, following Dakar's revelation of a hidden debt contracted by the previous administration. In Dakar, Sarah Sakho's clarifications.

·Issy-les-Moulineaux, France
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Lean Left

IMF to grant $2.2 billion to Senegal to clean up its public finances

·Buenos Aires, Argentina
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The President of the National Assembly and leader of Pastef, Ousmane Sonko, reacted to the agreement in principle announced on Tuesday between the International Monetary Fund (IMF) and Senegal on a loan of $2.2 billion. In a statement published the same day, the former Prime Minister calls on the government to "absolute transparency" on the exact content of the commitments made by Dakar. Ousmane Sonko says that he has followed "the announcements…

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  • 75% of the sources lean Left
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Infobae broke the news in Buenos Aires, Argentina on Tuesday, September 1, 2026.
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