Resolution criteria
This market will resolve to the date in which the International Monetary Fund (IMF) or the World Bank officially reports in an annual or recurring economic publication (such as the World Economic Outlook database) that the General Government Gross Debt-to-GDP ratio for Senegal is less than 100%.
Verification: The resolution will be based on the "General government gross debt" indicator as published in the IMF DataMapper or official reports from the World Bank Open Data platform.
Edge Cases: If multiple agencies report different figures, the IMF’s figures will be considered the primary source for resolution. If the data is revised retroactively, the first official publication confirming a sub-100% annual figure will trigger the resolution.
Background
Following the discovery of significantly underreported public debt in 2024, Senegal's debt-to-GDP ratio has been revised upward substantially. Reports from 2025 and 2026 indicate that the debt-to-GDP ratio exceeded 100%, with IMF estimates placing it at approximately 132% at the end of 2024. This revision stemmed from findings by the Senegalese Court of Auditors regarding previously undisclosed loans and fiscal deficits accumulated between 2019 and 2024. Senegal is currently working to manage this debt and improve fiscal transparency, with analysts monitoring the country's progress toward stabilizing its public finances.
This description was generated by AI.