-
João Franco’s earlier post draws attention after arrest over fatal Turkey brawl
-
Bath & Body Works launches buy-one-get-one-free candle offer
-
Itlu Arjuna receives U/A certificate ahead of theatrical release
-
Dhananjaya de Silva guides Sri Lanka to 221-4 against Pakistan
-
Kris Jenner Furious Over 'Childhood Trauma' Claim in Kim Kardashian Biography
-
Niraj Kumar earns Los Angeles Olympic quota with 50m rifle bronze
-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
مكتب إعلام الأسرى: القواسمي يعاني آلامًا وضعفًا في العين والأذن اليمنيتين
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Black Brazilian Musician Freed After Year in Detention Calls for Immigrant Solidarity
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
Energy Costs Push OECD Inflation Up to 4.5%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
China's Singles' Day Exposes Persistent Consumer Caution
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Sentier Fragrance Advent Calendar 2026 Reduced to £109 in Christmas Sale
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
تقديرات استخباراتية: إيران تنتج 50 صاروخاً شهرياً وتحافظ على ترسانتها رغم الضربات
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
KZN Health Readiness Under Scrutiny as El Niño Forecast Intensifies
-
Chennai venue launches month-long festival devoted to full-length theatre
-
Ohio Rep.-Elect Don Leonard Alleges Threats From Senior Democrats Over Speaker Vote
-
New Bay of Bengal low may form November 13 as Tamil Nadu outlook remains unclear
-
एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी
-
ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar
-
АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания
-
알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제
-
أليكس بودي وSCANDIC PAY: بطاقات Mastercard وVISA — جيل جديد من المدفوعات
Senegal set to announce breakaway development agenda: PM
Senegal's government will on Monday present plans to break away from foreign dependence and debt in favour of local resources and human capital, said Prime Minister Ousmane Sonko.
The new project is part of the radical break with the past promised by President Bassirou Diomaye Faye took office in April.
"The development models that have been presented to us or applied to us so far will never be able to develop our country," said Sonko on Friday.
"So this is the end of the era of reckless indebtedness used to invest in projects that have nothing to do with building endogenous and sovereign development", he added.
Sonko made his announcement during a visit to a vocational training centre set up in cooperation with Japan. He used the example of Japan as a country that had managed to develop even with few natural resources.
"The Japanese model is ideal for our (African) countries. We prefer to be taught how to fish rather than continue to be offered fish", Sonko said.
Senegal has reserves of natural resources including oil and gas, minerals and fish stocks, but remains one of the least developed countries in the world.
The new development programme is intended to cover the next 25 years, said Sonko.
- November elections -
Sonko has yet to deliver his general policy speech, the government's first six months in power having been marked by confrontations with an opposition-dominated parliament.
President Faye dissolved the national assembly in September, calling snap elections for November 17.
The presidency said the "Senegal 2050" plan aimed to reduce poverty, triple per capita income by 2050 and achieve annual economic growth of six to seven percent.
The proposed development model will be structured around eight development hubs across the country, Sonko said.
Sonko described Senegal's economic situation as "catastrophic" at the end of September following a government review of public finances.
The government said the budget deficit stood at 10.4 percent of GDP instead of 5.5 percent as announced by the previous administration.
It said public debt stood at 76.3 percent of GDP rather than the 65.9 percent previously stated.
Sonko accused the government of former president Macky Sall of having manipulated financial figures and lied to foreign partners, something the previous administration has denied.
A week ago, Moody's downgraded Senegal's credit rating and placed the country under observation.
T.Khatib--SF-PST