{"id":308697,"date":"2025-08-03T15:09:16","date_gmt":"2025-08-03T07:09:16","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=308697"},"modified":"2025-08-03T15:09:17","modified_gmt":"2025-08-03T07:09:17","slug":"senegal-pm-sonko-unveils-economic-recovery-plan","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=308697","title":{"rendered":"Senegal: PM Sonko unveils economic recovery plan"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/e8b84bca3d0b9a76066d3678ce57fd7037ad22da3584069e846bc2571642a376\" alt=\"FILE PHOTO: Ousmane Sonko speaks after he was appointed prime minister by Senegal's newly-elected President Bassirou Diomaye Faye, in Dakar, Senegal April 2, 2024. REUTERS\/Abdou Karim Ndoye\/File Photo\"\/><\/figure>\n\n\n\n<p>DAKAR, Aug 3 (NNN-AFRICANEWS) &#8212; The Senegalese government has unveiled a comprehensive economic recovery plan aimed at strengthening public finances and revitalizing the national economy.<\/p>\n\n\n\n<p>Prime Minister Ousmane Sonko presented the measures during a high-profile announcement, outlining key fiscal reforms expected to generate hundreds of billions of FCFA.<\/p>\n\n\n\n<p>One of the plan\u2019s pillars is the regularization of contracts at Senelec, Senegal\u2019s national electricity company, with a focus on combating technical fraud.<\/p>\n\n\n\n<p>The government estimates this measure alone could recover over 90 billion FCFA in lost revenue.<\/p>\n\n\n\n<p>Additionally, the Prime Minister directed the Minister of Communication and Telecommunications to introduce fees for the audiovisual sector, including standardized rates for advertisements and digital services.<\/p>\n\n\n\n<p>To further boost state revenue, the government plans to tax online gaming and increase tobacco taxes, measures projected to yield over 100 billion FCFA.<\/p>\n\n\n\n<p>The taxation of digital advertisements is also expected to contribute significantly to public funds.<\/p>\n\n\n\n<p>In a move to support the Senegalese diaspora, the government will raise the age limit for importing passenger vehicles, addressing long-standing demands from overseas citizens.<\/p>\n\n\n\n<p>This policy aims to stimulate economic activity while catering to expatriate needs.<\/p>\n\n\n\n<p>Prime Minister Sonko emphasized that these reforms will enhance savings and stabilize public finances.<\/p>\n\n\n\n<p>He urged citizens to back the initiatives, stating, &#8220;These measures are crucial for our economic revival. With collective effort, we can secure a stronger future for Senegal.&#8221;<\/p>\n\n\n\n<p>The plan marks a decisive step in Senegal\u2019s post-pandemic recovery, targeting inefficiencies while fostering growth. If successfully implemented, it could set a precedent for fiscal reform in West Africa. &#8212; NNN-AFRICANEWS<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DAKAR, Aug 3 (NNN-AFRICANEWS) &#8212; The Senegalese government has unveiled a comprehensive economic recovery plan aimed at strengthening public finances and revitalizing the national economy. Prime Minister Ousmane Sonko presented the measures during a high-profile announcement, outlining key fiscal reforms expected to generate hundreds of billions of FCFA. One of the plan\u2019s pillars is the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":308698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[213],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/308697"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=308697"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/308697\/revisions"}],"predecessor-version":[{"id":308699,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/308697\/revisions\/308699"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/308698"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=308697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=308697"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=308697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}