In the first quarter of 2025, Senegal's budget management was marked by an increase in resources and a reduction in expenditures, according to the monthly economic update of the Department of Forecasting and Economic Studies (DPEE), relayed by Le Soleil. Total resources (excluding grants), estimated at 1,019.3 billion CFA francs, increased by 12.1% year-on-year, comprising 962.3 billion in tax revenues and 57 billion in non-tax revenues.

This performance is explained by a 10.5% increase in tax revenue (+91.6 billion compared to March 2024), driven by direct taxes (+73.7 billion, to 387.9 billion), taxes on domestic goods and services (+12 billion, to 250.9 billion) and the Petroleum Product Import Security Fund (+5.8 billion, to 22.3 billion). This increase is, however, slowed by a decline in registration and stamp duties (-4.8 billion) and oil import duties (-4.5 billion).

Public expenditure, excluding investments financed by external resources, stood at 1,181.8 billion FCFA, down 4% (-49.1 billion) compared to 1,230.9 billion in March 2024. This decline is mainly due to a reduction in investments from domestic resources (-69.1%, to 97.5 billion), operating expenses such as supplies and maintenance (-11%, to 78.5 billion) and interest on domestic public debt (-2.2%, to 51.8 billion). However, interest on external debt increased by 15.4 billion, and the wage bill increased slightly by 0.4%.