US EditionSenegal–IMF: Awaiting the New Program, Edward Gemayel's Encouragements
5 Articles
5 Articles
"We have never seen a hidden debt of this importance" in Africa, says Edward Gemayel. The head of mission of the International Monetary Fund (IMF) in Senegal spoke on Thursday, 6 November, after a two-week visit to discuss the resumption of a loan programme for the international institution, which, according to him, explains that the discussions must continue and has so far been unable to reach the conclusion of a new loan expected by Senegal.
“We have never seen a hidden debt of this magnitude” in Africa, stated Edward Gemayel. The head of the International Monetary Fund (IMF) mission to Senegal spoke on Thursday, November 6, at the conclusion of a two-week visit to discuss the resumption of a loan program by the international institution. This significant debt, he explained, explains why discussions must continue and have not yet resulted in the conclusion of a new loan that Senegal…
The International Monetary Fund (IMF) concluded a two-week mission to Dakar on 6 November 2025, with a view to a new financing agreement with Senegal. The delegation, led by Edward Gemayel, assessed the authorities' progress in debt management and fiscal transparency, while the country...
At the end of a two-week mission to Dakar, the head of mission of the International Monetary Fund (IMF), Edward Gemayel, sounded the alarm: "We have never seen a hidden debt of this importance in Africa," he said on Thursday, 6 November. A heavy statement of meaning that underscores the seriousness of the country's financial situation, already weakened by a succession of deficits and fiscal imbalances. According to the IMF, this hidden debt — th…
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