Senegal: Senegal’s Crisis – Why Debt Restructuring May Be the Least Bad Option

[The Conversation Africa] Senegal is facing a serious debt crisis. The IMF estimated the country's debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs (about $9.1 billion) this year, eating up a growing share of tax revenue.

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