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Senegal’s Sonko criticises use of G20 debt framework and warns of budget deadlock

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Ousmane Sonko, who leads Senegal's parliamentary majority, has criticised the government's decision to use the G20 Common Framework to deal with the country's public debt, Africanews reports.

Mr Sonko argued that Senegal only needs to reschedule repayments, since creditors have already refused to reduce the amount owed, and that its problem is a short-term lack of cash rather than an unmanageable debt. He objected to Senegal becoming the first country to try out the revised G20 process and warned that his side would not vote for a major finance bill if the government pressed ahead, blaming any deadlock on the executive.

Senegal's debt crisis deepened in 2024 when an audit uncovered undeclared borrowing. The country is seeking a $2.2bn programme from the IMF, Washington wants the restructuring finished within a year, and Dakar is aiming for an agreement in principle with creditors by December.

Source: Africanews

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