Senegal confirms a strong budgetary dynamic in 2025, supported by a mobilization of resources. By the end of September, cash receipts reached 3,655.8 billion CFA francs, representing 64% of the annual target set at 5,715.6 billion. Financial markets remain the main source of financing, totaling 2,775.1 billion, or 73.6% of the forecasts, a sign of persistent investor confidence in the country’s sovereign signature.
General Budget revenues also increase, reaching 3,254 billion CFA francs (69.7% of the annual target), a significant increase of 12.7% year-on-year. The recovery in tax collection largely explains this performance: tax revenues peak at 2,987.9 billion, an increase of 7.6%. Non-tax revenues (214.2 billion) achieve a realization rate of 75.8%, while grants – although modest – total 52 billion.
On the expenditure side, the State maintains controlled management. General Budget expenditures are limited to 4,313 billion CFA francs, or 67.8% of the budgeted credits. Ordinary expenses are still dominated by current transfers (1,169.4 billion) and the wage bill (1,082.8 billion). Debt service reaches 705.7 billion, reflecting the repayment of bank loans contracted previously.
Investments show a contrasting execution rate: 418.9 billion from internal resources (71.4%) and 673.3 billion from external financing (49.9%). Capital transfers show a satisfactory performance, with 378.1 billion mobilized.
In an international context marked by market volatility and pressure on African public finances, these results demonstrate budgetary resilience and intact financing capacity. They are a positive signal for technical partners, donors, and investors engaged in Senegal’s strategic priorities for 2025.
