Senegal is grappling with a significant debt burden exceeding $44 billion, raising concerns about its economic stability and ability to meet financial obligations. The country’s borrowing has surged due to large infrastructure projects and rising global interest rates, leaving policymakers weighing tough choices between repayment and domestic priorities. Analysts warn that unsustainable debt levels could strain public services and limit future growth, while creditors—including international lenders and bilateral partners—demand transparency and reform. Understanding the breakdown of Senegal’s creditors and the risks involved is key to assessing whether the nation can navigate its fiscal challenges without deeper crisis.
Explainer: Senegal's $44 billion debt dilemma: To whom does it owe money and why it matters Reuters