Senegal government continues fuel subsidies despite price increase

An official statement indicates that even with the new tariffs, the price per liter at the pump remains below the actual import cost. The real price for super gasoline should be 1,019 F CFA and for diesel 1,044 F CFA, meaning the state will continue to subsidize each liter of fuel consumed in Senegal. This decision is expected to reduce the monthly budget burden by approximately 9.7 billion F CFA, while keeping Senegalese fuel prices, especially for diesel, among the lowest in the West African sub-region.

The government also assures that protection for vulnerable households will be maintained and strengthened through existing social safety nets, including the National Family Security Grant and other social protection mechanisms for disadvantaged groups. Furthermore, the executive guarantees the security and continuity of petroleum product supply to the national market, stating it will continuously monitor international market developments to adjust pricing mechanisms if necessary, balancing consumer interests, sector viability, and national economic stability.