Senegal Default Looms Amid IMF Talks

Investors increasingly anticipate a sovereign debt default by Senegal, despite ongoing negotiations with the International Monetary Fund (IMF). Two sources familiar with the matter indicate a growing conviction among creditors that restructuring is inevitable, though Senegalese leaders remain hesitant. The situation highlights the delicate balance between a nation's debt obligations and its willingness to engage in financial restructuring. As talks with the IMF continue, the market watches closely for signs of resolution or further escalation of the fiscal crisis.