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Senegal Cuts Official Travel Amid Rising Oil Prices

Senegal has reduced official government travel in response to rising oil prices and growing fiscal pressure, Prime Minister Ousmane Sonko...

Senegal has reduced official government travel in response to rising oil prices and growing fiscal pressure, Prime Minister Ousmane Sonko announced in Mbour.

Sonko said he personally canceled trips to Niger, Spain, and France to help cut costs, as oil prices have climbed close to $115 a barrel from around $80 before the conflict in Iran.
The country is facing a budget deficit of nearly 14 percent of GDP and public debt estimated at 132 percent of national output at the end of 2024.

The International Monetary Fund suspended a $1.8-billion aid program after uncovering misreported fiscal data by the previous administration of ex-president Macky Sall.

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