Senegal’s public debt rose to 105.7% of GDP by the end of 2024, according to the IMF, which validated findings from the country’s Court of Auditors. This increase in debt is tied to significant fiscal mismanagement during former President Macky Sall’s administration. As a result, Senegal faces limited access to international capital markets. The country raised USD 300 mln in October at a 6.33% rate over three years. An IMF-supported program is under discussion but may not be finalized until mid-2025.