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LFR 2025: 500.9 billion to clear corporate debts

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LFR 2025 : 500,9 milliards pour apurer les dettes aux entreprises

The 2025 Amending Finance Law (LFR), adopted by the National Assembly, adjusts Senegal's initial budget to meet current economic and political challenges. Among the key measures, the settlement of debts owed to private companies, with a dedicated amount of 500.9 billion CFA francs, stands out as a central pillar for reviving the national economy, according to the Ministry of Finance and Budget. The 2025 LFR, justified by Article 47 of Organic Law No. 2020-07 of February 26, 2020, comes in response to a disrupted budget balance, revenues diverging from forecasts, and significant legislative impacts. The allocation of 500.9 billion CFA francs aims to repay arrears owed to companies, a key measure to restore the confidence of economic actors and support public procurement. This initiative is part of the first strategic axis of the LFR, aimed at "clearing amounts owed to private companies" to boost economic activity, an aspect particularly highlighted in the official document. This rectification is necessary in a context of national economic tensions - consequences of the audit by the Court of Auditors, delays in expected revenues, macroeconomic revision (decline in growth and nominal GDP in 2025), and alignment with the Senegal 2050 Agenda - and international ones - global slowdown, restrictive financing, volatility in raw material prices and trade tensions. The debt clearance, described as a "treasury operation to support the economy", responds to an urgent need to clean up public finances while stimulating local businesses.

Auteur: Rédaction SenWeb
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