The Senegalese government reaffirmed, on Wednesday during the Council of Ministers, its commitment to clearingthe domestic debt in order to consolidate the country’s economic
stability.
The decision announced by Prime Minister Osmane Sonko to clear the domestic debt aims to reduce the financial pressure on local businesses and promote sustainable economic recovery.
A gradual clearance plan will be put in place in consultation with economic stakeholders and financial institutions.
This approach is part of a global strategy aimed at cleaning up public finances and strengthening investor confidence.
By paying off arrears owed to suppliers and national companies, the state aims to boost economic activity and stimulate growth.
This program marks the authorities’ desire to ensure rigorous management of public finances while supporting the private sector.
TE/Sf/fss/as/APA