Madar (Dakar) - Senegal's state budget deficit reached 585.5 billion CFA francs at the end of September 2026, or 2.5% of gross domestic product, according to the quarterly budget execution report published on Friday, 13 November 2026 by the Ministry of Economy, Finance and Planning.
According to the report, the deficit represents 47% of the annual ceiling set in the 2026 finance law, of 1,245.1 billion CFA francs, or 5.4% of GDP.
Revenue stood at 3,785.2 billion CFA francs at the end of September, or 63.8% of the annual target of 5,932.2 billion. Domestic revenue reached 97.6% of the target for the period, up 16.8% year on year, but fell 91.7 billion short.
The report attributes the shortfall mainly to the weaker-than-expected yield of measures under the Economic and Social Recovery Plan (PRES), which came in 162.3 billion CFA francs below forecasts. PRES non-tax revenue amounted to just 1 billion, out of 59 billion expected for the year.
On the spending side, 4,370.7 billion CFA francs were executed, or 60.8% of available appropriations. Debt interest and fees reached 874 billion, and personnel costs 1,142.5 billion, according to the same source.
Capital spending was only 38.1% executed, at 1,068 billion CFA francs. According to the report, investment carried out directly by the state reached just 22.1% execution, at 197.4 billion.
The report also said Senegal's real GDP grew by 6.1% in the second quarter of 2026, and inflation stood at 1% in September.
The report comes after the National Assembly's Finance and Budget Control Committee rejected the amended 2026 finance bill for a second time, according to the ministry, as parliament continues to examine the 2027 budget bill.
