No talks on new Senegal programme until misreporting addressed: IMF

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No talks on new Senegal programme until misreporting addressed: IMF - Business Standard

Quick Summary:

Senegal's energy ministry said in January that the Sangomar offshore oil and gas field raised its output of crude to 16.9 million barrels in 2024, exceeding its initial target of 11.7 million.

Gemayel also said energy subsidy cuts would be an essential part of economic reforms under current President Bassirou Diomaye Faye.

Gemayel's mission to Senegal was intended to determine how the misreporting happened and what steps the government would take to avoid similar misreporting in the future.