The IMF said Senegal’s proposed three-year, $2.2 billion Extended Credit Facility arrangement could go to its Executive Board while the country negotiates external-debt treatment with creditors. The program remains subject to approval by IMF management and the Executive Board, with an initial disbursement following approval rather than the September 2 Staff-Level Agreement. Senegal plans to seek treatment under the G20 Common Framework, which coordinates creditors and debtors but does not prescribe restructuring terms. The program aims to restore fiscal sustainability, protect vulnerable households, strengthen domestic revenue collection, improve debt and state-owned-enterprise oversight, and support private-sector-led growth. IMF Communications Director Julie Kozack said higher oil prices are worsening Senegal’s fiscal pressure because untargeted energy subsidies become more costly. Globally, the IMF maintained that growth would remain around 3% in 2026 after the economy absorbed six months of Middle East conflict better than feared, although its July World Economic Outlook had lowered the forecast from 3.1% to 3.0%. The Fund warned that the energy shock, trade fragmentation, stalled disinflation, public debt near 100% of GDP and tighter liquidity in developing economies remained significant risks. The briefing also covered stronger-than-expected growth in India, Argentina’s fiscal progress, conditions in sub-Saharan Africa, sanctions on Iran and the uncertain medium-term effects of artificial intelligence.