#Senegal : Ousmane Sonko criticized the IMF
#Senegal : Ousmane Sonko criticized the IMF
Senegalese Prime Minister Ousmane Sonko has strongly criticized the International Monetary Fund, saying:
"The IMF does not want your development, it wants you to remain poor and obedient",
— a phrase he attributed to the American economist Jeffrey Sachs.
The statement came amid ongoing discussions about the impact of IMF programs on African countries. The Senegalese authorities advocate an economic model based on sovereignty and industrialization, while international financial institutions present their measures as instruments of macroeconomic stabilization.
Sonko's statement once again raises the question of the IMF's role in Africa's development and how wide the possibilities of African states remain in negotiations with international creditors.
Source: Telegram "westernafrica"