Under the presidency of His Excellency Mr. Bassirou Diomaye Faye, President of the Republic of Senegal, the Prime Minister, Mr. Ousmane Sonko, presented on Friday, August 1, 2025, the Economic and Social Recovery Plan of Senegal, “Jubbanti Koom.”
This structured program aims to address macroeconomic imbalances and drive a new dynamic of inclusive and sustainable growth. It serves as a strategic roadmap to overcome major economic constraints, emphasizing fiscal discipline, rationalization of public spending, and mobilization of endogenous financial resources.
Through this plan, Senegal aims to mobilize over 5,000 billion FCFA over four years without resorting to external borrowing. This resolutely sovereign approach marks a break from conventional budgetary mechanisms and reflects a firm commitment to strengthening the State’s financial autonomy.
Following the detailed presentation of the plan by the Prime Minister, the Head of State commended the government’s dedication, extending congratulations to Mr. Sonko and all members of the executive. His speech highlighted the strategic importance of the plan, presented as a quantified and structured response to the country’s economic challenges.
President Faye recalled the external audit commissioned by the State, emphasizing its role in fostering collective awareness of the scale and severity of the economic legacy. He reaffirmed the government’s determination to break with past practices, aligning public expectations with governance rooted in truth and accountability.
“You have chosen rupture, and we have chosen truth to correct anomalies,” declared the Head of State, adding that the plan addresses the questions of international partners: “How will you recover the country? The ingenuity of this plan lies in the precise quantification of what will be done.”
The President highlighted the initial measures taken, particularly in terms of budgetary transparency and expenditure rationalization. He announced the reactivation of the National Public Debt Committee, a strategic body tasked with anticipating risks and ensuring rigorous debt management.
“The recovery has begun with this committee, which ensures better budgetary visibility,” he specified.
Furthermore, the Head of State revealed that four major laws were adopted during an extraordinary session of the National Assembly convened this week. These laws aim to strengthen the fight against corruption and promote exemplary governance.
“I have been very demanding, but I am satisfied with the content of these laws. They will reinforce the transparency framework,” he stated, calling for national ownership of these reforms.
Reaffirming his commitment to establishing governance based on rupture, transparency, and efficiency, President Faye praised the ongoing reforms, particularly the continued pursuit of accountability.
