Tax & Spend

Senegal Aims to Ramp Up Tax Revenue to Win New IMF Program

Senegal said strong first-quarter tax collection would boost its chances of securing a new International Monetary Fund program, while avoiding a painful restructuring of its debts.

“If during the first quarter of 2026 we’re able to show that we have achieved at least 25% of our targeted tax revenue, that changes the game,” Ahmadou Al Aminou Lo, Minister of State to President Bassirou Diomaye Faye, told public broadcaster RTS on Monday.