Senegal expects 703 billion FCFA in oil and gas revenues between 2027 and 2029
via SeneNews1 min read
Senegal anticipates generating 703 billion FCFA from oil and gas exploitation between 2027 and 2029, according to the Multi-Year Budgetary and Economic Programming Document DPBEP. These funds will be allocated to the intergenerational fund, the stabilization fund, public investments, and social expenditures. However, the document specifies that these revenues cannot be used for civil servant salaries, adhering to oil and gas revenue management regulations. These projections are slated for review by deputies during Tuesday's Budget Orientation Debate, a crucial step in preparing the upcoming finance law and defining the state's key budgetary priorities for the coming years.
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This summary was AI-generated from a story originally published by SeneNews.
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