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Senegal says IMF concerned over "very large amount" of liquidity needs

ReutersNov 28, 2025 10:48 AM

- The International Monetary Fund has concerns over Senegal's liquidity needs, the country's finance minister said on Friday.

Senegal is in talks with the Fund for a fresh lending programme as it grapples with the fallout of billions in debts that were not reported by the previous administration.

Finance Minister Cheikh Diba told parliament that Senegal needs a 'very large amount' of financing totalling 6,000 billion CFA francs ($10.60 billion) annually on average.

"And the IMF believes we cannot guarantee this over the debt sustainability horizon," Diba said. "We, however, believe it is possible."

($1 = 566.0000 CFA francs)

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