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Senegal Eurobonds Fall as Budget Standoff Puts IMF Deal at Risk
Source: Bloomberg
Fiscal Policy & BudgetSovereign Debt & RatingsCredit & Bond MarketsEmerging MarketsElections & Domestic Politics
Senegal’s dollar bonds weakened after opposition leader Ousmane Sonko threatened to block the revised budget for this year and the 2027 spending plan. The dispute raises concern that debt restructuring could be complicated and a new IMF program delayed; the article gives no magnitude for the bond decline.
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