Africa Will Be Free When The IMF Stops Colluding To Steal Its Wealth
In February 2025, Senegal’s Court of Auditors released a report that found ‘anomalies’ in the management of public finances between 2019 and 2024, during the presidency of Macky Sall (2012–2024). For instance, the court found that while Sall’s government had suggested that the budget deficit for 2023 was 4.9% of the Gross Domestic Product (GDP), it was in fact 12.3%. The court went to work on this reconstruction of public finances because of a very significant accusation made by Senegal’s new prime minister, Ousmane Sonko, at a press conference in Dakar in September 2024. What the auditors found, and what the International Monetary Fund (IMF) validated, was that the actual debt ratio in 2023 was 99.7% of GDP – not 74.7% – and that the deficit had been underestimated by 5.6% of GDP (in August 2025, the debt ratio was revised to 111% of GDP).