Senegal: the price of fuel and electricity on the rise

Soukaina Sghir
Soukaina Sghir
1 Min Read
economy

This increase of 100 CFA francs in the cost of diesel and gasoline is explained by the persistence of the international crisis which affects the price of raw materials as well as the world economy.

The government has therefore decided to reduce its subsidy on fuel and electricity, to direct it towards the Senegalese who need it most.

President Macky Sall announced during his speech to the nation on December 31 that the social protection effort would be reinforced in 2023. 450 billion CFA will be mobilized for the subsidy of food and energy products.

A revaluation of electricity has also been decided by the Senegalese government. This will apply in installments to users who consume more than 150 kilowatts per hour every two months.

Soukaina Sghir

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