Senegal and the International Monetary Fund (IMF) have reaffirmed their commitment to deepening financial cooperation, marking a pivotal moment in their evolving partnership. On October 14, 2025, Senegal’s Minister of Finance, Cheikh Diba, met with IMF Managing Director Kristalina Georgieva in Washington to discuss the finalization of a new cooperation program. Both parties expressed a strong alignment of views and a shared determination to move forward together, signaling a renewed phase of trust and collaboration. The meeting underscored Senegal’s proactive efforts to restore confidence and strengthen its economic governance.
The upcoming IMF Executive Board meeting will be a critical juncture in this process, as it is expected to formally review the proposed program and address past concerns, including issues of misreporting. Senegal has taken significant steps to improve fiscal transparency and accountability, which have been acknowledged by IMF staff during recent technical missions to Dakar. These reforms reflect the government’s dedication to sound financial management and its desire to build a resilient economic framework that can support inclusive growth.
In the days following the Washington meeting, an IMF technical team is scheduled to visit Senegal to finalize documentation and conduct assessments necessary for the program’s approval. This visit will help solidify the groundwork laid during high-level discussions and ensure that all procedural requirements are met. The renewed engagement between Senegal and the IMF is widely seen as a strategic move to bolster investor confidence, unlock development financing, and support the country’s broader reform agenda.
This new chapter in Senegal’s financial diplomacy is rooted in mutual respect, transparency, and shared goals. As the country navigates complex economic challenges, the strengthened relationship with the IMF offers a foundation for long-term stability and progress. With a clear roadmap and committed partners, Senegal is poised to advance its development ambitions and reinforce its position as a model of fiscal responsibility in the region.