IMF Visit to Weigh Hidden Debt in Senegal’s Bid for New Deal

WATCH: Investors are watching to see whether Senegal will inch closer to securing new funding. Ondiro Oganga reports.Source: Bloomberg

As an International Monetary Fund mission arrives in Senegal this week, investors are watching to see whether the West African nation will inch closer to securing new funding needed to stabilize its strained public finances.

The visit will focus on concrete steps to address “recent data” issues and “to advance work toward presenting the misreporting case to the IMF’s Executive Board,” an IMF spokesman said by email.