https://en.sputniknews.africa/20241014/senegal-discloses-25-year-development-plan-aiming-for-self-reliance-1068682641.html

Senegal Discloses 25-Year Development Plan, Aiming for Self-Reliance

Senegal Discloses 25-Year Development Plan, Aiming for Self-Reliance

Sputnik Africa

Building on the "Plan for an Emerging Senegal 2035," "Senegal 2050" outlines a comprehensive set of reforms across various sectors to drive economic progress. 14.10.2024, Sputnik Africa

2024-10-14T19:22+0200

2024-10-14T19:22+0200

2024-10-14T19:22+0200

sub-saharan africa

senegal

west africa

politics

development

economy

japan

prime minister

finance

economic growth

https://cdn1.img.sputniknews.africa/img/07e8/0a/0e/1068682458_0:0:1280:721_1920x0_80_0_0_a477f84e4eefffe97dcb3f767472c2d6.jpg

Senegalese Prime Minister Ousmane Sonko disclosed the country's 25-year development plan on Monday. The plan, called "Senegal 2050," aims to reduce foreign dependence and debt by prioritizing local resources and human capital.Inspired by Japan's success, the plan targets poverty reduction, tripling per capita income by 2050, and achieving annual economic growth of 6-7%. It will be implemented through eight development hubs across the country.Senegalese Prime Minister Ousmane Sonko revealed that Senegal's public finances are in worse shape than previously acknowledged, citing a larger budget deficit and public debt than reported by the previous government. He accused the previous government of manipulating financial data, a claim denied by the former administration.

https://en.sputniknews.africa/20240927/russia-sees-prospects-for-countrys-companies-in-solar--wind-power-plants-construction-in-senegal-1068442576.html

senegal

west africa

japan

2024

News

en_EN

senegal, west africa, politics, development, economy, japan, prime minister, finance, economic growth, government