Africa Emerging Markets Finance Headlines International

Senegal’s public debt nears 80% of GDP amid fiscal strain

Senegal is facing mounting fiscal challenges as its public debt approaches 80% of GDP, driven by rising borrowing costs, persistent energy subsidies, and the lingering effects of post-COVID recovery spending. The government is under increasing pressure to balance its budget while maintaining critical social and infrastructure investments. According to a recent World Bank report, Senegal’s […]