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Senegal: IMF clears path for $2.2bn deal as Dakar agrees to restructure its debt

After two years of fraught talks, Senegal and the IMF have reached agreement on a $2.2bn programme. The price is a debt restructuring – a step President Bassirou Diomaye Faye’s government had long refused to contemplate.

The Africa ReportBy Thaïs Brouck
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Original headline: “Senegal: IMF clears path for $2.2bn deal as Dakar agrees to restructure its debt

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