SENEGAL-PRESSE-REVUE / Market reaction to the public finance audit in the headlines – Senegalese Press Agency

SENEGAL-PRESSE-REVUE / Market reaction to the public finance audit in the headlines – Senegalese Press Agency
SENEGAL-PRESSE-REVUE / Market reaction to the public finance audit in the headlines – Senegalese Press Agency

Dakar, September 28 (APS) – The newspapers received on Saturday at the Senegalese Press Agency (APS) continue to talk about the government press briefing hosted last Thursday by Prime Minister Ousmane Sonko, the ministers of Economy, Planning and Cooperation, his colleague from Justice and the Secretary General of the Government.

And this is to say that after the accusations of data manipulation by the former regime which allegedly falsified the figures to hide budgetary deficits and disguise the public debt rate, Senegal could pay the price on the various markets financial.

Le Soleil attempts an explanation on ”What Senegal risks”, after the government’s declarations, and gives the floor to financial expert Meïssa Lô who explains that ”for a State which falsifies its public accounts, the risks will be severe on the financial markets and the numerous repercussions”.

Among these consequences, the consultant, citing a report from the Reuters agency, indicates that ”Senegal’s dollar bonds fell by more than 2% in the first exchanges on Friday September 27 before settling at 73.01 and 85.52% for the dollar.

For the daily Les Echos, if ”Senegal’s dollar bonds fall”, Prime Minister ”Ousmane Sonko (is) the main cause”, for having brought to the public’s attention ”the audit of the management of the old regime, which revealed a very significant debt and deficit.

Less peremptory on its headline than Les Echos, Walf Quotidien, which also gave the floor to an economist, puts on its front page: ”It’s scary for the Senegal signature”.

On the inside page, the newspaper gives the floor to Mor Gassama, specialist in economic issues who declares: ”This latest information released could initially have a negative impact. (…) When we disguise the figures, we cannot have a clear reading of economic reality.”

Sud Quotidien, for its part, highlights politics and notes that the list of 49 lists declared ready for the anticipated legislative elections on November 17, certain “tenors of the political game prefer to throw in the towel”, putting on its front page photos of Aminata Mbengue Ndiaye, general secretary of the Socialist Party and former ministers Serigne Mbaye Thiam and Aly Ngouille Ndiaye.

In sport, the daily Record features on its front page the final of the Union of West African Football Federations Zone A tournament in the under-20 category (UFOA/A-U20) which pits, today, in Monrovia, Senegal, defending champion, and Sierra Leone, two teams already qualified for the U20 CAN.

ABB

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