In Senegal, the International Monetary Fund states that between 2019 and 2024 a debt of approximately 7 billion dollars was “hidden” by the Macky Sall administration, thus confirming the conclusions of the Cour des comptes. In its report published in February 2025, the body pointed out an undervalued debt and shortcomings in the management of the country’s finances. “There has been a very conscious decision to underestimate the stock of debt” during the last five years, says Eddy Gemayel, head of the delegation of the International Monetary Fund (IMF). “We therefore agree with the conclusion of the report of the Court of Auditors”, continues Eddy Gemayel. An amount deliberately “hidden” which amounts to about 7 billion dollars, according to the financial institution and which corresponds to the difference between the two estimates of the public debt. The one declared under the Macky Sall administration to be more than 70% of the gross domestic product (GDP) and the one calculated by the Cour des Comptes to be close to 100% of the GDP. “There is an une underestimation.
Senegal: the IMF discovers a “hidden” debt of about 7 billion dollars between 2019 and 2024
