**Senegal and IMF Reach New $2.2 Billion Loan Agreement**
*Dakar, Senegal – 1 September 2026* – The International Monetary Fund (IMF) announced on Tuesday that it has concluded a new loan programme with Senegal valued at $2.2 billion. The agreement follows the suspension of a previous programme in 2024 after authorities uncovered underreported debt figures.
The new arrangement is intended to support Senegal’s macro‑economic stability and development objectives, though specific conditions and disbursement schedules were not disclosed in the IMF’s statement. The IMF confirmed that the programme will be subject to the usual review and monitoring processes.
The earlier agreement, which had been negotiated before 2024, was halted when Senegal’s debt data were found to be incomplete, prompting a reassessment of the country’s financing needs.
No further details on the terms of the new loan or the expected timeline for implementation were provided.
Article source: africanews.com | Image credit: Africanews
