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From Paris to Beijing, Dakar increasingly isolated in its standoff with the IMF

President Faye of Senegal and the IMF mission chief, Mercedes Vera-Martin, in Dakar on 21 January 2026.
President Faye of Senegal and the IMF mission chief, Mercedes Vera-Martin, in Dakar on 21 January 2026. © X account/Présidence du Sénégal

In addition to stalled negotiations with the International Monetary Fund over a new programme, the Senegalese government is having to contend with a shift in the position of several powers, foremost among them France. Paris is now leaning towards favouring a restructuring of the country's debt and has conveyed this stance to China.

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