In a statement that resonates like a clap of thunder in the economic sky of Senegal, President Bassirou Diomaye Faye unveiled Wednesday, during the Council of Ministers, an ambitious project: the development of a law on economic sovereignty.
This announcement, which promises to redraw the contours of the country’s entrepreneurial landscape, is already generating enthusiasm among national economic players.
At the heart of this initiative, a stated desire to protect the flagships of Senegalese industry.
The government intends to give itself greater oversight over capital movements within strategic companies, a measure aimed at preserving national interests in the face of foreign appetites.
But Bassirou Diomaye Faye does not stop there. In a visionary surge, he traces the contours of a true Senegalese industrial revolution.
Local processing of agricultural products, promotion of “consume local”modernization of local commerce: so many projects which promise to boost the national economy.
The President does not hesitate to shake up habits by mentioning the use of calls for tender for the supply of basic necessities and hydrocarbons.
A bold strategy to control prices and ensure the country’s food security.
The revival of national industry is the spearhead of this proactive policy.
Bassirou Diomaye Faye calls for a densification of the industrial fabric, mixing large companies and SMEs, to build a robust and diversified economic ecosystem.
This vision is expressed on a territorial scale, with the promise of specialized regional industrial centers, supported by an increased effort in terms of professional training and research.
A strategy that aims to create local jobs and reduce regional disparities.
Thus, Bassirou Diomaye Faye lays the foundations for a new Senegalese economic model, combining protection of national interests and ambition for development.
A promise of renewal which, if it materializes, could well mark a turning point in the economic history of the country.
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