{"id":3441,"date":"2026-05-25T22:02:13","date_gmt":"2026-05-25T22:02:13","guid":{"rendered":"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/25\/senegals-faye-names-economist-lo-as-new-prime-minister\/"},"modified":"2026-05-25T22:02:13","modified_gmt":"2026-05-25T22:02:13","slug":"senegals-faye-names-economist-lo-as-new-prime-minister","status":"publish","type":"post","link":"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/25\/senegals-faye-names-economist-lo-as-new-prime-minister\/","title":{"rendered":"Senegal&#8217;s Faye names economist Lo as new prime minister"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>DAKAR &#8211; Senegal President Bassirou Diomaye Faye named a seasoned economist as prime minister on Monday, three days after dismissing the old government led by a firebrand populist who had spoken out against debt restructuring.<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/25\/justice-department-asks-court-to-resume-ballroom-construction-after-white-house-shooting\/\">Justice Department asks court to resume ballroom construction after White House shooting<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The new prime minister, Ahmadou Al Aminou Lo, formerly served as head of the Senegal branch of the Central Bank of West African States.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Appearing on state television for the announcement of his appointment, Lo said he wanted to reassure the local private sector and foreign investors even as he acknowledged Senegal&#8217;s difficult financial position.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>&#8220;We must all be aware of the state of emergency our country currently finds itself in. In particular, the state of public finances and its impact on the economy,&#8221; he said.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>&#8220;Senegal is a safe and reliable country and intends to remain so.&#8221;<\/p>\n<p><!--]--><!--[--><\/p>\n<p>The International Monetary Fund \u200bfroze Senegal&#8217;s $1.8 billion lending program following the discovery of misreported debt, pushing the country&#8217;s end-2024 debt level to 132% of its economic \u200boutput.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Ousmane Sonko, the outgoing prime minister, had opposed any restructuring of \u200cthe debt, \u2060estimated at $13 billion, which he said the IMF was advocating, while Faye has been less vocal on the issue.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Faye fired Sonko, the man who helped the president&#8217;s political rise, on Friday after months of mounting tensions.<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/25\/body-of-missing-ky-college-student-alexis-foust-found-after-search\/\">Body of missing Ky. college student Alexis Foust found after search<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>POLITICAL UNCERTAINTY<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>In March, Sonko warned he could take the ruling Pastef party, which dominates the National Assembly, into opposition if the president strayed from the party&#8217;s agenda, a threat that looms over the government&#8217;s ability to pass any reforms needed to unlock IMF support.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The National Assembly is due to meet on Tuesday to discuss &#8220;reintegrating&#8221; Sonko as a lawmaker. The resignation of the National Assembly speaker on Sunday has fueled speculation Sonko himself could fill the role.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>In his remarks on Monday, Lo said his appointment did not signal a retreat from Senegal&#8217;s commitment to &#8220;systemic transformation&#8221; under Faye, but instead reflected a new approach aligned with the president&#8217;s vision.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>He also offered conciliatory words for Sonko, praising the record of the government he led, including an economic recovery plan announced last year that featured a heavy reliance on domestic funding.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>(Reporting by Diadie Ba, Ayen Deng Bior and Anait Miridzhanian; Editing by Robbie Corey-Boulet and Paul Simao)<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/25\/tras-recibir-un-disparo-en-el-ataque-a-la-mezquita-de-san-diego-un-jardinero-afirma-ser-el-hombre-mas-afortunado-del-planeta\/\">Tras recibir un disparo en el ataque a la mezquita de San Diego, un jardinero afirma ser \u201cel hombre m\u00e1s afortunado del planeta\u201d<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p><i> Copyright Reuters or USA Today Network via Reuters Connect.<\/i><\/p>\n<p><!--]--><!--]--><!-- --><\/p>\n<p>This story was originally published <span>May 25, 2026 at 2:28 PM<span>.<\/span><\/span><!-- --><\/p>\n<p><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>DAKAR &#8211; Senegal President Bassirou Diomaye Faye named a seasoned economist as prime minister on Monday, three days after dismissing the old government led by a firebrand populist who had spoken out against debt restructuring.<\/p>\n","protected":false},"author":1,"featured_media":3440,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-3441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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