Senegal's public debt now transparent and aligned with IMF figures
via SeneNews2 min read
Senegal's public debt is now fully transparent and aligned with International Monetary Fund IMF figures, according to Alioune DIOUF, Director of Public Debt at the Directorate General of Public Accounting and Treasury DGCPT. In an interview with Reuters on April 21, 2026, in New York, DIOUF discussed the country's financing strategy and debt management transparency framework. Audits conducted between 2019 and 2024 have reconciled Senegalese public debt statistics with IMF figures, resolving technical discrepancies that emerged in 2024 and establishing a unified database. Regarding new financial instruments, the Debt Directorate clarified that Total Return Swap TRS operations initiated in 2025 are active management tools integrated into regional market issuances. These mechanisms aim to optimize financing costs and manage market risks without exposure to unexpected margin calls. Senegal is also strengthening its accountability by publishing quarterly budget reports and a statistical debt bulletin in April 2026, adhering to stringent data dissemination standards. The conversion of bank loans into public securities, such as Treasury bills or bonds, is confirmed as a strategy to regularize previously identified debts through audit, rather than addressing payment arrears. Discussions with the IMF for a support program are ongoing, based on a shared and reconciled diagnosis. The DGCPT reaffirms that the credibility of the state's signature relies on a rigorous transparency policy a
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