
Senegal raises fuel prices after IMF mission visit
The Senegalese government announced on August 15, 2026, an increase in fuel prices, with super fuel reaching 990 CFA francs per liter. This decision follows rising international crude oil prices and the unsustainable burden of energy subsidies. From June 15 to 19, 2026, an International Monetary Fund IMF mission, led by Mercedes Vera Martin, visited Dakar. Following this visit, the IMF issued a statement highlighting that the increase in global oil prices would exert additional pressure on Senegal's public finances due to the budgetary cost of untargeted subsidies. The official IMF communiqu茅 also indicated that discussions covered financing needs for the remainder of the year and the design of reforms to stimulate growth, implying that the burden of energy subsidies was a key topic between Dakar and Washington.



