France, Sept. 2 -- The 36-month arrangement, announced on Tuesday, is intended to support Senegal's economic and financial reform programme for 2026 to 2029.

However, it still requires approval from the IMF's executive board and depends on Senegal securing financing assurances from international partners.

The deal follows months of negotiations with President Bassirou Diomaye Faye's government, which came to power in 2024 after accusing the administration of former president Macky Sall of concealing the true scale of the country's debt and budget deficit.

Those revelations prompted the IMF to suspend a $1.8 billion (€1.55 billion) programme agreed in 2023 while it sought clarification over Senegal's public finances.

The Fund sai...