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Senegal President Dismisses Finance Minister in Cabinet Change

Sept. 3 (Bloomberg) -- Senegalese President Macky Sall appointed new finance and justice ministers in his second cabinet reorganization since coming to power 17 months ago.

Amadou Ba, general director of taxes and state property in the West African nation, will replace Amadou Kane as finance minister, Maxime Ndiaye, secretary-general in the presidency, told reporters yesterday in the capital, Dakar. Sidiki Kaba, a former president of the International Federation for Human Rights, replaces Aminata Toure as justice minister after she was appointed Senegal’s second female prime minister on Sept. 1.

“We want our fellow citizens to feel that their living conditions have improved,” Toure told reporters after the new appointments were announced.

Senegal’s $14.3 billion economy is forecast to grow 4.3 percent this year and 5.1 percent in 2014, according to the African Development Bank. The country plans to sell $500 million of 10-year international bonds later this year, the International Monetary Fund said in June. Standard and Poor’s has a B+ rating on Senegalese debt, which is four levels below investment grade and on par with Zambia and Albania.

Ba, the incoming finance minister, helped boost total tax collection to 500 billion CFA francs ($1.8 billion) in 2012, while customs revenue grew to 502 billion CFA francs.

Sall also removed Youssou N’Dour, a Grammy Award-winning singer, as the country’s tourism minister, while Budget Minister Abdoulaye Daouda Diallo was moved to the Interior Ministry. Makhtar Cisse, the general director of customs, was appointed deputy minister in charge of the budget.

Sall, who became president in April 2012, last changed his cabinet in October, when he appointed new foreign and interior ministers.

To contact the reporter on this story: Sadibou Marone in Dakar at msadibou@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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