Senegal Finance Minister says fundamental differences remain in IMF talks

Finance Minister Cheikh Diba says talks continue despite disagreements over economic outlooks. Senegal rejects debt restructuring while seeking a new deal.

Negotiations between the Government of Senegal SNSN and the International Monetary Fund remain at a standstill as fundamental differences persist between the two parties regarding a new lending programme. As of February 24, 2026, these ongoing talks have yet to produce an agreement, delaying critical financing at a time when Senegal's public debt has climbed above 130% of its Gross Domestic Product. The impasse continues to shape the country's economic outlook and its standing with international financial institutions.
A drone view shows people walking on the beach in Yoff, Dakar, Senegal, May 22, 2025. REUTERS/Zohra Bensemra/File Photo
A drone view shows people walking on the beach in Yoff, Dakar, Senegal, May 22, 2025. REUTERS/Zohra Bensemra/File Photo
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