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Senegal unveils economic, social recovery plan

Senegal unveils economic, social recovery plan

The Star14 hours ago
DAKAR, Aug. 1 (Xinhua) -- Senegal launched a national economic and social recovery plan on Friday, aimed at addressing domestic structural challenges and responding to concerns from international partners.
Speaking at the official launch ceremony in Dakar, the country's capital, Senegalese President Bassirou Diomaye Faye called on citizens to support the plan, known in Wolof (a West African language spoken mainly in Senegal, the Gambia, and Mauritania) as "Jubanti Komm," noting that the benefits "will go directly to the people."
Faye stressed the importance of national self-reliance in overcoming difficulties. He also said international partners have been awaiting a clear stance from the new administration on how it intends to address the existing challenges in the country.
Abdourahmane Sarr, Senegal's minister of economy, planning and cooperation, explained that the plan, developed by a task force under the Prime Minister's Office, aims to restore the country's fiscal sovereignty and rebuild investor confidence.
According to Sarr, the recovery plan will serve as a foundation for achieving the economic and social goals outlined in "Vision Senegal 2050" and the macroeconomic framework of the 2025-2029 five-year plan.
He emphasized that the reform of public finances will be carried out without harming the private sector and will focus on serving the needs of the most vulnerable populations.
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