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Policy geopoliticsSenegalDeveloping story

Senegal parliament rejects revised 2026 budget bill, imperiling $2.2bn IMF programme

On 3 November 2026 Senegal's opposition-dominated National Assembly voted to reject the government's 2026 revised/rectificative budget bill (commonly reported as 109 against, 20 for, 3 abstentions), a measure Dakar said was critical to securing a proposed $2.2 billion IMF support package.

On 3 November 2026 Senegal's opposition-dominated National Assembly voted to reject the government's 2026 revised/rectificative budget bill (commonly reported as 109 against, 20 for, 3 abstentions), a measure Dakar said was critical to securing a proposed $2.2 billion IMF support package.

The parliamentary rejection removes a government-authorised fiscal adjustment the IMF had listed as a precondition for the announced $2.2bn programme, raising the risk the Fund delays or conditions board approval. Markets sensitive to sovereign financing and external funding needs (USD sovereign spreads and CDS on Senegal) may reassess near-term funding credibility, while the fiscal impasse could complicate access to international markets and bilateral support.

Government response: resubmission to parliament, committee revisions or renegotiation with the IMF within days–weeks.

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Developing story

Developing story supported by 2 independent public publishers; further confirmation is being sought.

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Price Discovery

Senegal sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

5 priced bonds
69.26%53.33%37.41%21.48%5.55%20282033203820432048Senegal 28 · Mar 2028 · 60.825%Senegal 31 · Jun 2031 · 26.609%Senegal 33 · May 2033 · 19.848%Senegal 37 · Jun 2037 · 14.657%Senegal 48 · Mar 2048 · 13.986%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Senegal 28Mar 202852.62560.825%
  • Senegal 31Jun 203151.56326.609%
  • Senegal 33May 203351.31319.848%
  • Senegal 37Jun 203750.81314.657%
  • Senegal 48Mar 204851.12513.986%

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