As a staff-level agreement, the rescue package still requires final approval from the IMF’s executive board. The board will convene in the coming days, the IMF statement said. It came at a ...

Caputo added that he spoke with IMF Managing Director Kristalina Georgieva and they agreed to announce the amount given recent market volatility and speculation about the deal.

The IMF suspended Senegal’s $1.8 billion program in October after an audit ordered by President Bassirou Diomaye Faye following his election last year found the previous administration ...