THE EYE OF THE WITNESS THIS TUESDAY, DECEMBER 17, 2024

THE EYE OF THE WITNESS THIS TUESDAY, DECEMBER 17, 2024
THE EYE OF THE WITNESS THIS TUESDAY, DECEMBER 17, 2024

INSPECTION Gi – OF ACCESSORIES
In 2023, African youth have invested more than 1561 billion FCFA in sports betting according to the Bloomberg report. Very recently, our colleague Pape Samba Kane put his latest work, “The Madness of Gambling”, on the shelves of bookstores. An investigative book aimed at denouncing the damage caused by electronic gambling which is well established in the urban centers of Senegal. A few years ago, to attract punters, Lonase presented us with an advertising spot with an old charcoal seller who wins the jackpot with 50 million CFA francs. Later, we find him in a suit, cigar in his mouth and surrounded by beautiful girls. In another spot, it’s still the same old man who is looking to get rich, he hits the jackpot and we see him again at a traditional evening with an orgy of music and surrounded by beautiful ladies and griots who sing his praise for extracting money from him like in the first spot. These are some of the beautiful illustrations of our “Senegalese” or our behaviors from another era! We earn money not to invest it in promising and income-generating projects, but to party and hook up with beautiful girls! Tasteless images that we thus offer to young people who no longer believe in studies, but who spend their time betting with the hope of becoming a millionaire and escaping the poverty which continues to gain ground. And everything is played out through our local televisions which have become real trash, the waste of our society, as a Minister of Culture rightly said. Wrestling, dancing, music and games all day and week long. Trivia heavily sponsored by companies that turn away from educational programs or that appeal to the intellect for nonsense. It’s all game! We spend our time betting, sending text messages in the hope of winning millions or prizes in kind. Which constitutes a real scam for young people who do not know that they are being played to enrich others. Instead of offering young people other dreams, everything has become a game, always games and more games where we win money, cell phones and other devices which still push us into ignorance. Nothing but accessories!
THE WITNESS – THE WITNESS

A 2025 BUDGET OF 6.395 BILLION ENERGY SOVEREIGNSHIP…
Aligned with the “Senegal 2050” benchmark, the 2025 finance bill, estimated at 6,395 billion FCA, is structured around strategic reforms and massive investments to respond to social, economic and environmental challenges. Sovereignty then remains a marker of the first budget of the new regime. The 2025 Finance Law Program is structured around sectoral priorities which aim to respond to the various economic and social challenges, in accordance with the guidelines which guarantee the growth of a diversified, competitive and sustainably resilient economy. It is marked by energy sovereignty which emphasizes securing the country’s supply of hydrocarbons in sufficient quantity and quality and at lower cost. Strengthening the supply and access to quality electricity, with continuity of service at lower cost and respectful of the environment as well as promoting sustainable access of populations to modern cooking fuels, he use of innovative technologies and the promotion of green and competitive industries constitute important challenges for the sector. …

FOOD SOVEREIGNTY AND YOUTH EMPLOYABILITY
The 2025 draft budget pays particular attention to increasing productivity in agriculture, fishing, aquaculture, livestock, as well as associated agri-food industries. An envelope of more than 1,070 billion FCFA will make it possible for the year 2025 to strengthen agricultural productivity, the development of value chains and sectors that drive growth, particularly agropastoral and fisheries, and the promotion of local production. to ensure the emergence of local processing industries capable of satisfying the needs of the local market and conquering market share abroad. The 2025 draft budget gives a central place to the employability of young people. Thus, more than 1,377 billion FCFA will be devoted to the education and vocational training sector in the 2025 budget, to have quality human resources capable of bringing the expected changes and capable of inserting themselves into the labor market. work.

PEANUTS THE SCAM OF PRIVATE OPERATORS IN NGOYE
The peanut marketing campaign is far from being a peasant trade. On the contrary, it is that of scammers, speculators and gangsters. In the commune of Ngoye, a few kilometers from Bambey, the daily “Le Témoin” learned that farmers are being cheated by private operators who buy peanut harvests at 260 CFA per kg. This usurious marketing undermines government policy which set the producer price at 305 CFA/kg. In the absence of an urgent reaction from the administrative authorities, these private operators will prevent Sonacos from achieving its objectives for the smooth running of its industrial units.

OLD AÏDARA RETURN OF A WORTHY SON OF THE COUNTRY!
It was a few days before the start of the 2024 legislative electoral campaign that the daily “Le Témoin” learned of the return of our colleague Mamadou Aidara known as Vieux. A strategic return since our honorable colleague has joined the Pastef Communication Unit. A good casting which is not surprising since Vieux Aidara has always carried Ousmane Sonko’s fight in and in the rest of Europe where he was a very active member of the Pastef/France communications center. The proof is through his numerous media outings on television channels and other forums in the African diaspora where Vieux Aidara defended “The Project” with rigor and conviction while believing in the future of Pastef. So the Senegalese people could only magnify the return of a worthy son of the country. Remember, Old Aidara was the collateral damage of a fight to the death between Macky Sall and Karim Wade. The proof is that he has never been accused of a cent of public money because he has never managed state money. Again, again Vieux Aidara has never been convicted, neither by the Crei, nor by the Court of Auditors. And if he preferred exile, it was so as not to put his family through the ordeal of an arbitrary arrest or an unjust exit ban. So for 12 years, notes the daily “Le Témoin”, our brilliant colleague was dignified, courageous and serene in the face of the monstrosity of the Macky Sall regime and his executioners.

1885 BILLION IN SOCIAL EXPENDITURE
Let us end with the budget to say that social expenditure benefits from an envelope of more than 1,885 billion FCFA or 34.5% of the general budget excluding debt charges, thus contributing to the strengthening of universal health coverage, the correction of territorial disparities, support, in particular for subsidies for energy and agriculture and the security of people and property. The 2025 draft budget begins a gradual reduction in social inequalities and territorial inequities through a significant increase in the income of workers and entrepreneurs in rural areas, in particular farmers, breeders, fishermen, through the diversification of their sources of income and the increase in productivity of their activities. Senegalese people must benefit, in the name of equity, from the same quality of education and health services, access to electricity, water and sanitation, and decent housing. , whether they live in a city or a rural area

BUGDET 600 BILLION REVENUE LOSSES IN 2024
Our financial partners like the World Bank and the IMF had warned the authorities that revenue losses will be high in 2024. This information was confirmed by the presentation document of the Initial Finance Law 2025 revealed by the authorities. For the year 2025, forecasts of internal, tax and non-tax revenue were made, taking into account the economic constraints of the year 2024, marked by poor performances which considerably impacted the initial forecasts, with expected capital losses of nearly 600 billion FCFA at the end of December 2024. It is important to note that these poor performances result, in large part, according to the services of the Minister of Finance and Budget Cheikh Diba, fairly optimistic forecasts and the rather timid implementation of certain reforms. For 2025, an economic recovery is expected, thanks to the stability of the socio-political environment, ongoing measures to stimulate public investments and hydrocarbon exports, with those of oil which have started well and those of gas , expected at the start of 2025. Thus, the increase in revenue is projected at 20% compared to the situation expected at the end of 2024, and 3.6% compared to the initial forecasts for 2024. It There is therefore, cumulatively, a catch-up effect and an evolution resulting from the recovery, while awaiting the full effect of tax and customs reform measures.

IN-DEPTH TAX REFORMS IN 2025
The 2025 budget year will be an opportunity to thoroughly renovate tax and customs provisions, with reforms to the General Tax Code and the Customs Code. These reforms should, in particular, promote better rationalization of tax exemptions, a broadening of the base, to optimize the collection of resources necessary to satisfy the Government’s ambitions to satisfy the strong expectations of the population. They will be accompanied by measures to accelerate the modernization of tax and customs administrations, digital maturity and the renovation of procedures, to improve the productivity of recovery services. Behind all these reforms, there is a philosophy: changing the perception behind the payment of tax by leading the citizen to understand that he is not suffering an unjustified taxation, nor that he is submitting to a fiscal constraint, but that it It is through his contributory effort that he participates in the development of the country. To promote consent to tax, we will need to build a tax system that is fair, efficient, equitable, simple and transparent. This is one of the challenges through the 2025 budget with a view to definitively establishing our irreversible option for endogenous development, which supposes that we rely first on our own resources.

72.53 BILLION FCFA IN HYDROCARBON REVENUES IN 2025
The 2025 budget marks a catch-up effect compared to the 2024 financial year, strongly impacted by the effects of socio-political tensions during the first quarter of 2024 and by the continued slowdown in economic activities throughout the rest of the year, excluding the transport sector. energy. Another major fact is the entry of Senegal into the circle of oil producers with an expected production of 15 million barrels for 2024 and 30 million barrels for 2025. Gas production starts in 2025 with an expected production of 1. 2 million liquefied natural gas (LNG). Estimates of revenues from the exploitation of hydrocarbon resources, based on the price assumptions of the global economic outlook published by the IMF staff in October 2024, are established for the years 2024, 2025, 2026 and 2027, with respective amounts of 49.65 billion FCFA, 72.53 billion FCFA, 87.87 billion FCFA and 155.20 billion FCFA. Thus, the 2025 budget records tax and non-tax revenues from the exploitation of hydrocarbons in the amount of 72.53 billion FCFA distributed, in accordance with the law on hydrocarbons, as follows: – general budget: 50, 85 billion FCFA (70%); – Special Treasury accounts: 21.68 billion FCFA (30%) including: Intergenerational Fund: 7.25 billion FCFA (10%); o Stabilization fund: 14.43 billion FCFA (20%).

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