Facing a persistently high budget deficit and growing financing needs, the Senegalese government is shifting its policy with the 2026 Finance Bill. This recently unveiled project proposes innovative and ambitious fiscal measures, targeting promising sectors like gambling and mobile money. This strategy aims to generate 762.6 billion CFA francs in additional revenue.
762.6 billion CFA francs: this is the amount Senegal hopes to collect in additional tax revenue in 2026. Facing a still high budget deficit of 14%, a public debt stock representing 119% of GDP, and growing financing needs, the government intends to change course with its 2026 Finance Bill. The recently published document presents new, innovative, and ambitious tax provisions. It specifically targets high-yield sectors, such as gambling, with an estimated contribution of 300 billion CFA francs, and mobile money, to the tune of 76.5 billion.
This approach is part of a broader budget consolidation plan, aiming to gradually bring the public deficit down to 3% of GDP by 2027, in line with WAEMU convergence criteria. After a deficit estimated at 12% in 2024, the government plans to reduce it to 7.8% in 2025, then to 5.37% in 2026.
For 2026, the total financing requirement is estimated at 6,075.2 billion CFA francs. Projected revenues amount to 5,932.2 billion, of which 5,384.8 billion come from tax revenues, 355.9 billion from non-tax revenues, and 46.3 billion from grants.