IMF SAYS SENEGAL VISIT WAS CONSTRUCTIVE, WILL TALK MORE ABOUT PROGRAMME REQUEST. (PHOTO).
IMF says Senegal visit was constructive, will talk more about programme request The International Monetary Fund said on Monday that its staff had "open and constructive technical discussions" on a visit to Senegal and it would hold more talks over the West African country's request for a support programme. Senegal and the Fund have been in talks to resolve a hidden debt issue since the country's then-new leaders revealed the problem in 2024. It said IMF staff would continue discussions over policies and reforms that could be supported by a new lending programme, including measures to address debt vulnerabilities, strengthen debt management and enhance public governance. The Fund froze its previous $1.8 billion lending programme after the larger debt pile came to light, and Senegal has been largely shut out of international capital markets, leaving it reliant on regional borrowing.