Audit threatens African nation’s hard-won reputation as reliable place to do business, critics warn
Senegal’s review of oil and gas contracts could threaten the country’s reputation as a reliable place to do business in a volatile region, critics have warned.
8bn IMF programme over what he said were gimmicky recalculations of the country’s deficit. “This gives the country a very bad image because multilateral institutions play a role in surveillance of the macroeconomy,” he added. However, the IMF, which completed a mission to Senegal last week, said preliminary findings indicated that the fiscal situation was worse than had been presented in the 2019-2023 period reviewed by the global body.
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