00:00Senegal remains in financial limbo as the International Monetary Fund, IMF,
00:05says it will take several more weeks before it can present the country's debt
00:09misreporting case to its executive board.
00:13Delay follows intensive discussions between IMF teams and Senegalese officials
00:18over corrective measures to address the discrepancy.
00:22The case stemmed from a dramatic revelation in September 2024.
00:26Senegal's hidden debts had ballooned from $1.9 billion to over $11 billion
00:33triggering the freezing of the previously approved $1.8 billion IMF lending program.
00:39IMF mission chief said discussions on several corrective measures will continue
00:43over the next few weeks before misreporting case can be presented.
00:48Senegal is also debasing its economy for its first time since 2018
00:52in hopes of calibrating its debt-to-GDP ratio.
00:56to more manageable levels.
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