The Senegalese Ministry of Finance said in a statement that the government postponed the publication of reports of implementing the state’s general budget in the past two, until June 23, without specifying the reasons that led to the delay.
The current government, which was elected at the beginning of last year, is working to rebuild confidence with the investors that deteriorated after the hidden debt scandal and manipulating the financial figures of the state.
At the end of last year, he froze International Monetary Fund He spent his funds to Senegal after the government approved at the time to provide inaccurate data on public debt and financial deficit.
The fund, whose financing is vital and important for the country in West Africa, confirmed that no talks on a new arrangement regarding cooperation and aid can be started, before settling this issue.
A audit conducted by the Senegalese Accounting Bureau revealed last February that the previous government was hiding the correct numbers of financiers and external partners, and providing them with inaccurate data, as the new investigation data showed that the percentage of public debt reached at the end of 2023 to about 100% of the local product, while the previous system announced that it was in the range of 74%.
The Ministry of Finance statement said in Senegal The publication of the numbers related to the implementation of the public budget reflects the government’s commitment to restore discipline and transparency in the budget, noting that the data identification, re -classification and verification of data constitute part of its strategy to clean public finances.
Earlier this June, welcomed International Monetary Fund In a plan Senegal To enhance tax compliance, and reduce dependence on external financing, but stressed that this does not change the decision to suspend financing programs and economic resuscitation that was taken at the end of last year.
According to the data of the GB Mughan Bank, the Bonds The dollar of Senegal is the worst performance in Africa, as it caused financial losses to investors of 11.5%.
The current government accuses the regime of former President Macky Salted that he entered the country in a crisis with external partners, as it relied on falsifying numbers related to debt and the size of public spending.
In the context of searching for the restoration of confidence with the partners, the new government began in a series of punitive trials and procedures against the symbols of the previous regime who accuse them of embezzlement and falsifying numbers, which is categorically denied by those concerned, and considered it an attempt by the new president Pasero Dewmay Fei and his first minister to cover up their economic failure.