🔴 Senegal's opposition-dominated parliament rejects key revised budget bill
Summary
Senegal’s opposition-dominated National Assembly rejected a revised 2026 budget bill on Tuesday. The vote complicates efforts to secure approval for a $2.2 billion International Monetary Fund debt programme intended to help stabilise the country’s public finances.Key Facts
- 109 lawmakers voted against the bill, 20 voted for it and three abstained.
- The Pastef party, which holds a large parliamentary majority, opposed the revised budget.
- Parliament had returned the bill to committee a week earlier, and the finance committee had rejected it twice.
- The IMF has not yet announced executive board approval of the debt programme, which is subject to conditions.
- The revised budget addressed higher hydrocarbon prices, lower projected tax revenue and increased debt-servicing costs.
- Finance Minister Cheikh Diba attended the parliamentary debate.
- The Economy Ministry said the rejection came amid limited financial flexibility, difficulty accessing markets and ongoing IMF negotiations.
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