Debt crisis in Senegal: Ousmane Sonko changes his tune ahead of crucial discussions with the IMF

Ousmane Sonko has adopted a more conciliatory stance on the sensitive issue of Senegal's debt restructuring, marking a break with his previous statements. This shift comes as a mission from the International Monetary Fund (IMF) is expected in Dakar to resume crucial negotiations on a new financial aid program.

In an interview with RFI and France 24, the former Prime Minister stated that he did not hold any "rigid positions" regarding a potential debt restructuring. According to him, the authorities must approach the situation pragmatically and make decisions tailored to the economic challenges facing the country.

These remarks stand in stark contrast to those he made last November. At the time, Sonko denounced IMF pressure for debt restructuring, arguing that such a move would be a "disgrace" for Senegal. His change of tone is therefore being closely watched by economic and political circles.

Although he was dismissed from the post of Prime Minister following the dissolution of the government by President Bassirou Diomaye Faye last month, Sonko remains an influential figure. Members of Parliament elected him Speaker of the National Assembly, a position that allows him to continue to exert influence on the country's major political directions.

Senegal is currently experiencing a severe debt crisis. This crisis has been exacerbated by the discovery of irregularities in debt declarations filed during Macky Sall's presidency. Following these revelations, the IMF suspended a loan program worth approximately $1,8 billion granted to the country.

Discussions scheduled to resume this week with IMF representatives are considered crucial for Senegal's economic future. A new agreement could necessitate significant reforms, some of which may be politically sensitive.

In this context, Ousmane Sonko's more nuanced statements are interpreted as a sign of openness. They could facilitate negotiations with international donors, as the country seeks to restore its financial credibility and find lasting solutions to its budget crisis.