{"id":513028,"date":"2026-04-04T19:22:10","date_gmt":"2026-04-04T19:22:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/513028\/"},"modified":"2026-04-04T19:22:10","modified_gmt":"2026-04-04T19:22:10","slug":"senegal-cuts-official-travel-as-high-oil-prices-put-new-pressure-on-budget","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/513028\/","title":{"rendered":"Senegal cuts official travel as high oil prices put new pressure on budget"},"content":{"rendered":"<p>Speaking at a youth event in the coastal city of Mbour, Prime Minister Ousmane Sonko pointed to the escalating prices of oil to justify the measure. <\/p>\n<p>Sonko said he had canceled his own planned trips to Niger, Spain and France, Reuters reported, in an effort to cut costs. <\/p>\n<p>Oil prices have edged close to $115 a barrel from about $80 before the war on Iran. <\/p>\n<p>The west African country is facing a financial squueze since the termination of a lending program by the International Monetary Fund (IMF) over debt misreporting. <\/p>\n<p>The country faces a budget deficit of nearly 14 percent of GDP and public sector debt estimated at 132 percent of national output at the end of 2024. <\/p>\n<p>The current government accuses the administration of ex-president Macky Sall, who ruled from 2012 until 2024, of having concealed the true extent of the budgetary situation. <\/p>\n<p>An International Monetary Fund team that visited Senegal a year ago confirmed that officials had made false statements regarding budget deficits and public debt for the 2019\u20132023 period. <\/p>\n<p>The IMF has suspended a $1.8-billion aid programme it had agreed in 2023, pending further information and commitments from Senegal&#8217;s new authorities.<\/p>\n","protected":false},"excerpt":{"rendered":"Speaking at a youth event in the coastal city of Mbour, Prime Minister Ousmane Sonko pointed to the&hellip;\n","protected":false},"author":2,"featured_media":513029,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-513028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/513028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=513028"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/513028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/513029"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=513028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=513028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=513028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}