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News 2026-09-29 12:39 UTC

Senegal's $44 billion debt dilemma: To whom does it owe money and why it matters

By Libby GeorgeSenegal must persuade the International Monetary Fund that its groaning debt pile is on a sustainable path before it can unlock much-needed Fund financing.But proving this is much more complex than simply spending less or earning more. The IMF weighs debt-servicing costs, revenues, b…