Senegal Private Sector Dialogue: PM Lô Pledges Arrears Timetable
Senegal private sector dialogue: PM Ahmadou Al Aminou Lô met about 15 business groups in Dakar and pledged a payment timetable for state arrears. The post Senegal Private Sector Dialogue: PM Lô Pledges Arrears Timetable appeared first on The Rio Times .
On 17 September 2026, Senegal's new Prime Minister Ahmadou Al Aminou Lô held a private sector dialogue with about fifteen business organisations in Dakar. Lô, an economist and former central banker, assumed the role of prime minister on 25 May 2026 following the dismissal of Ousmane Sonko. The primary focus of the meeting was to establish a payment timetable for state arrears owed to private companies.
Lô emphasized that the state has neither the role nor the means to replace private initiative, referring to the government's long-term development plan, "Sénégal 2050." The meeting resulted in six recommendations, including restoring regular dialogue between the state and companies, improving the business climate, investing in regions and industry, executing large "catalytic" projects, paying domestic debt, and assisting companies in difficulty. A working group of state officials and business representatives will follow up on these decisions.
The state's debt to private companies amounts to nearly 2,000 billion CFA francs (approximately US$3.5 billion), as reported by RFI. The government plans to use 300 billion CFA francs (around US$525 million) from the budget to begin repaying companies, with the first repayment timetable to be proposed by the end of October.
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