Senegal: Senegal's Crisis - Why Debt Restructuring May Be the Least Bad Option

[The Conversation Africa] Senegal is facing a serious debt crisis. The IMF estimated the country's debt at 132% of GDP at the end of 2024. Debt servicing costs are projected at 5.5 trillion CFA francs (about $9.1 billion) this year, eating up a growing share of tax revenue.