WORLD IN BRIEF:Germany blames Russia for airport drone attack, US borrowing costs rise, Senegal secures $2.2bn IMF deal and other stories
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4 Articles
The International Monetary Fund has announced an aid program of "approximately $2.2 billion" for the period 2026-2029. This aid is welcome for Senegal, where the debt has reached 132% of GDP.
WORLD IN BRIEF:Germany blames Russia for airport drone attack, US borrowing costs rise, Senegal secures $2.2bn IMF deal and other stories
Germany blames Russia for Leipzig airport drone attack Germany has accused Russia of being behind a failed drone attack at read more WORLD IN BRIEF:Germany blames Russia for airport drone attack, US borrowing costs rise, Senegal secures $2.2bn IMF deal and other stories
Senegal Secures $2.2 Billion IMF Deal After Hidden Debt Scandal
SENEGAL: Senegal Secures $2.2 Billion IMF Deal After Hidden Debt Scandal Senegal has signed a new $2.2 billion agreement with the IMF, almost two years after its last programme was suspended. The previous deal collapsed after authorities discovered billions of dollars in public debt that had not been reported. The current government says the hidden […] The post Senegal Secures $2.2 Billion IMF Deal After Hidden Debt Scandal first appeared on The…
Meeting this Wednesday in the Council of Ministers, the President of the Republic, Bassirou Diomaye Faye, welcomed the signing of the technical agreement in principle between the Government of Senegal and the International Monetary Fund (IMF). An agreement to support the economic and financial reforms undertaken by the authorities, with, at the key, the planned mobilisation of an Extended Credit Facility (EFC) of CFAF 1,243 billion, or about US$…
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