IMF chief Kristalina Georgieva makes first official trip to Sub-Saharan Africa, commends Senegal economic performance

Simon Ateba
Simon Ateba
Simon is an investigative journalist and publisher of TODAY NEWS AFRICA L.L.C. based in Washington, District of Columbia, U.S.A. His twitter handle is @simonateba and his email is simonateba@todaynewsafrica.com

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The Managing Director of the International Monetary Fund Kristalina Georgieva has made her first official trip to Sub-Saharan Africa.

Georgieva, who traveled to Senegal, met with President Macky Sall, Minister of Finance and Budget Abdoulaye Daouda Diallo, the Minister of Economy, Planning, and Cooperation Amadou Hott, and the Governor of the BCEAO Thiémoko Meyliet Koné.

She described Senegal’s recent economic performance as “impressive”.

“Implementation of the Plan Senegal Emergent led to high growth rates with significant improvement in infrastructure, and the outlook for the Senegalese economy remains favorable. Further targeted reforms to improve the business environment will underpin private sector-led and inclusive growth and create opportunities for youth,” she said at the end of her visit.

At the conference on Sustainable Development and Sustainable Debt, she had “excellent discussions” about how to strike the right balance between supporting development and safeguarding debt sustainability.

Georgieva said she was “encouraged by the many ideas on how to accelerate domestic revenue mobilization, invest more efficiently, strengthen debt management, and facilitate private investment”.

“The IMF looks forward to continuing its close cooperation with Senegal to foster prosperity and opportunities for all through our dialogue, policy advice, and technical assistance.”

On Monday, the IMF boss participated in the high-level conference on Sustainable Development and Sustainable Debt organized jointly by the Government of Senegal and the Fund, in partnership with the UNDP and the Cercle des Économistes, and engaged with a broad range of Senegalese society, including members of civil society, women leaders, and representatives of the private sector.

“I was heartened to visit the Association of Senegalese Women Lawyers, which has demonstrated a deep commitment to supporting human rights of women and children by providing free legal advice across Senegal”.

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