September 2, 2026

The African Tribune

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Ousmane sonko demands transparency on Senegal’s new imf agreement

Ousmane Sonko - Président de l'Assemblée nationale

Ousmane Sonko, the esteemed former Prime Minister and current President of the National Assembly, has voiced his strong opinion regarding the recent accord forged between the International Monetary Fund (IMF) and the government of Senegal. Taking to his official Facebook page, the head of the parliamentary institution declared that a comprehensive debate would soon commence to scrutinize the full implications of this renewed collaboration.

Following the announcement of a new agreement, which outlines a loan program exceeding 2 billion US dollars, equivalent to approximately 1,245 billion Francs CFA, intended to bolster Dakar, Sonko has once again stepped forward. This comes after he previously brought to light a significant undisclosed debt that led to the suspension of Senegal’s IMF program in 2024.

“We have closely monitored the successive announcements from both the IMF and the Senegalese government concerning a technical agreement, which awaits final approval from the Fund’s executive board,” Ousmane Sonko stated.

He highlighted that despite the diplomatic language employed by both parties, crucial details about the draft agreement and Senegal’s specific commitments remain undisclosed, particularly those referenced in the IMF’s communiqué:
  • What are Senegal’s commitments concerning its “debt treatment”?
  • What are the primary reforms anticipated (including public finance sustainability, protection for vulnerable households, domestic revenue mobilization, expenditure rationalization, social safety nets, oversight of public enterprises, and the business environment)?
  • What is the status of the international debt audits that were previously mandated?
These undisclosed commitments are of critical importance to all Senegalese citizens, as they are undertaken in their name and will bear the present and future financial weight.
Having been involved in these discussions for many months and possessing knowledge of certain orientations that risk repeating past mistakes, I strongly advocate for absolute transparency.
Given that such negotiations culminate in a draft document, known as the Memorandum of Economic and Financial Policies, which is validated by both parties, I formally request that the government of Senegal:
  • Publish this memorandum to ensure accurate public information and to facilitate a healthy debate on Senegal’s obligations;
  • Alternatively, transmit the document to the National Assembly, as the representative body of the people.
Regardless, the overarching directives of these commitments will be integrated into a potential supplementary finance law or the draft finance law for 2027, slated for submission to the National Assembly in October 2026.
“And the debate will certainly take place!” he concluded.