Senegal’s Faye, IMF chief welcome progress in talks, aim for new support programme

DAKAR, Sept 15 (Reuters) – Senegalese President Bassirou Diomaye Faye and International Monetary Fund Managing Director Kristalina Georgieva, welcomed progress in talks and pledged to move quickly toward a new programme to support the country’s recovery, the West African country’s presidency said on X on Tuesday.

Georgieva met Faye at IMF headquarters in Washington and discussed Senegal’s economic policy priorities. After the talks, she said the IMF and Senegal had a “strong partnership” and were working “expeditiously toward a new Fund-supported program.”

“Senegal has made encouraging progress in strengthening the economy and improving the outlook for investments, jobs and growth,” Georgieva said in a separate statement.

Georgieva also welcomed the authorities’ intention to pursue a debt treatment and said Senegal was determined to restore fiscal sustainability quickly.

(Reporting by Anait Miridzhanian, Ayen Deng Bior and Natalia Bueno Rebolledo; Editing by Lincoln Feast.)