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CNBC Africa·3 min read·medium

AfDB approves $35 million to boost Senegal’s public finance management

R
Reuters
AfDB approves $35 million to boost Senegal’s public finance management
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The African Development Bank has approved $35.4 million in financing to assist Senegal in managing its public finances and addressing a significant debt crisis. The funding aims to support structural reforms and improve transparency as the country negotiates with the IMF.

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DAKAR (Reuters) – The African Development Bank has approved 20 billion CFA francs ($35.4 million) in financing to help Senegal strengthen its public finance management as the West African country grapples with a debt crisis, the bank said in a statement.

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