With central government debt reaching 25 200 billion FCFA at the end of 2025 and a debt ratio close to 130% of PIB when incorporating public enterprise liabilities and state guarantees, Senegal must now restructure its debt without shifting the entire burden onto a single category of creditors.
KIVIA ANALYSIS
Senegal: Who will pay the heaviest price for the servicing of 25 200 billion FCFA in debt?

Key takeaways
- With central government debt reaching 25 200 billion FCFA at the end of 2025 and a debt ratio close to 130% of PIB when incorporating public enterprise liabilities and state guarantees, Senegal must now restructure its debt without shifting the entire burden onto a single category of creditors.
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