SENEGAL: RAIS MPYA KUANZA NA MAGEUZI HAYA KIUCHUMI - It's N Life

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Wednesday, April 10, 2024

SENEGAL: RAIS MPYA KUANZA NA MAGEUZI HAYA KIUCHUMI


 The new president of Senegal to start with major economic reforms

The President of Senegal Bassirou Diomaye Faye has started to carry out his presidential duties by instructing his prime minister Ousmane Sonko to prepare an urgent work plan to strengthen the unstable economic and financial sectors.


President of Senegal Bassirou Diomaye Faye44-year-old president Faye came to power through last month's election with a promise to make major reforms, becoming the youngest president in the country despite the fact that he never held any elected office.


a statement issued yesterday after Faye chaired his first meeting of the Cabinet, says the president has given his prime minister and former adviser Ousmane Sonko, time until the end of this month to set the work plan.


ordered Sonko to conduct a general review of programs and plans and report on the general state of public finances, international cooperation and cooperation in public and private institutions.


he ordered the government to complete the plan by the end of the month and implement it without delay together with the private sector of Senegal, this being a solid policy to strengthen the national economy.


President Faye told the ministers that he was elected to ensure that the nation separates from past practices and implement changes at all levels of economic and social life in the country.


International challenges contribute to the economic decline

one third of Senegal's 18 million citizens live in poverty and the unemployment rate is at 20 percent.


Its economy was also greatly affected by the epidemic of COVID-19 and the war in Ukraine.


the national debt and inflation have risen sharply while the social and political crisis that hit the country in the past three years reduced investment.


while announcing his cabinet on Friday, Prime Minister Ousmane Sonko said the government's priorities will include the creation of employment opportunities for the youth, reducing the cost of living and protecting human rights.


"The government of results that I am responsible for will be based on education, training, entrepreneurship and employment for young people and women. Second, to lower the cost of living and improve people's abilities." said Prime Minister Sonko


"Third, justice, protection of human rights, good governance, transparency, accountability and improving democracy and the electoral system." He added.


Also Read this : The president of senegal ordered his prime minister to conduct new plan for economic reforms 


Sonko's council of 25 ministers and five deputy ministers was approved by Faye, who succeeded Macky Sall, whose 12-year rule saw a sharp rise in public discontent.


faye promised major reforms such as abandoning the common West African CFA franc currency, although he appeared to reverse that position.


But last week the former tax inspector promised to conduct an audit of the oil, gas and mining sectors

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