IMF Says Senegal Has Untangled Its Hidden Debt Scandal

Senegal has unpicked the hidden-debt problem the current government inherited when it won elections last year, the International Monetary Fund said, suggesting no more surprises are in store and paving the way for a new deal with the lender.

“We think we’re there now,” IMF Africa Director Abebe Selassie said in an interview. “The government has been doing a lot of very thorough work to get to the bottom of the debt challenge they inherited, and they now have some stability in the numbers.”