
Senegal Bond Yields Surge, Shaking Investor Confidence as Moody’s Downgrade Sparks Debt Restructuring Fears
The downgrade, announced last Friday, signals deepening investor concerns about Dakar’s capacity to meet its obligations.

The downgrade, announced last Friday, signals deepening investor concerns about Dakar’s capacity to meet its obligations.

Sillah conceded that the outdated law still allows reckless drivers who kill to “walk free after paying D1,000,” a situation he called “ridiculous and outdated.”

The final declaration sent a resolute message: fiscal justice is central to peace, security, and inclusive development, and reclaiming Africa’s stolen wealth

Moody’s kept Senegal’s outlook negative, warning of “high downside risks” linked to fiscal slippages, liquidity constraints, and dependence on external financing.

Events include school outreach programmes, community and faith dialogues, mental health screenings, and a Walk for Mental Health

Former South African President Thabo Mbeki has urged African nations to strengthen unity, invest in domestic tax systems, and a fairer global tax framework

The Fund said the bank should “cease any financial assistance, whether directly or indirectly through third parties, to the public sector,”

Thiam expressed optimism that Senegal and the IMF are close to concluding an agreement, pointing to signals from IMF Managing Director Kristalina Georgieva

In response, IMF representatives and Minister Keita defended recent policy steps while acknowledging areas needing close monitoring.

The project is expected to improve turnaround times for vessels, enhance cargo handling efficiency, and boost the competitiveness of The Gambia
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