The deputies of the National Assembly adopted, this Saturday, the finance bill for the year 2025.
In accordance with the provisions of article 86, paragraph 6, of the Constitution, the Prime Minister, Ousmane Sonko, sent a letter to the President of the National Assembly to activate this procedure. This approach follows a deliberation in the Council of Ministers.
By holding the government accountable, the Prime Minister sought the confidence of parliamentarians. This adoption was carried out without debate, in accordance with the requirements of this constitutional mechanism.
The budget deficit for 2025 is estimated at 7.08% of GDP, with economic growth forecast at 8.8% and inflation contained at 1.9%. This budget includes revenues linked to hydrocarbons estimated at 72.53 billion CFA francs, part of which will be allocated to strategic funds dedicated to the future development of the country.
It should be noted that these budget forecasts take into account the impact of socio-political tensions and the economic slowdown, while relying on the dynamics of the oil sector, with anticipated production of 30 million barrels in 2025.
Tax revenues increased by 4.3%, while non-tax revenues fell by 9.5%. Expenditures, for their part, are increasing mainly due to the increase in charges linked to public debt, personnel costs and acquisitions of goods and services.
Senegal