Senegal’s debt crisis: Why the IMF and World Bank’s plan falls short
By John McIntire The Senegalese debt saga has taken on some features of the Greek disaster of a decade ago. A heavily indebted country is stuck in a currency union, the Union Economique et Monetaire Ouest Africaine (UEMOA), from which it cannot flee or escape by devaluation; it owes a fortune to the other members […]