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Academic analysis and Think Tank / Governance

Audit of the report on the situation of public finances Management from 2019 to March 31, 2024 13/03/2025

Summary :
The article entitled "Audit of the Report on the Situation of Public Finances: Management from 2019 to March 31, 2024," published by the Senegalese Co...

Country : Senegal

Organizations : WATHI

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Academic analysis and Think Tank / Governance,

Audit of the report on the situation of public finances Management from 2019 to March 31, 2024 13/03/2025

Summary :

The article entitled "Audit of the Report on the Situation of Public Finances: Management from 2019 to March 31, 2024," published by the Senegalese Court of Auditors in February 2025, highlighted significant irregularities in the management of public finances during this period. Public debt was significantly underestimated, actually reaching 18,558.91 billion CFA francs, or 99.67% of GDP. In addition, more than 2,500 billion CFA francs were contracted in the form of bank debt outside the official budgetary circuit and without parliamentary validation, revealing a worrying lack of transparency. The budget deficit was also manipulated: while the former government announced a deficit of 4.9% of GDP for 2023, the Court of Auditors estimates it at 12.3%, a discrepancy of more than 2,291 billion CFA francs. The report also denounces expenditures made outside the public treasury circuit, transfers of funds to non-regulatory accounts and dubious sales of public assets. These practices distort the reality of Senegal's public finances and highlight the need for greater budget transparency and strict control of public debt to avoid an uncontrolled end.

Keywords :

Governance, Funding, Public debt, Transparency

Organizations :

WATHI

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Audit of the report on the situation of public finances Management from 2019 to March 31, 2024 13/03/2025