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A tonne of public debt is never made public

The Owner Press by The Owner Press
November 7, 2024
in Newswire
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How a lot cash has Senegal borrowed? Greater than beforehand thought, in line with Ousmane Sonko, who grew to become its prime minister in April. At a press convention on September twenty sixth he mentioned the earlier authorities had “lied to the individuals” by hiding loans value 10% of GDP, sufficient to push the nation’s public debt to 83% of nationwide earnings. Since a full audit has not but been printed, it’s exhausting to know what numbers to consider. The IMF, which has a $1.9bn bail-out programme with Senegal, isn’t happy.



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