Choc énergétique et arbitrages de la LFR 2026 : Comment Al Aminou Lo justifie les 540 milliards de FCFA
Why does the 2026 supplementary budget law (LFR) necessitate such significant new trade-offs? Speaking to the press, Prime Minister Al Aminou Lo defended the government's budgetary choices, caught between declining revenues and 540 billion FCFA in additional needs. Between maintaining energy subsidies to protect households and restructuring non-urgent public investments, the head of government explained the strategy behind the figures.
The government is facing a projected 340 billion FCFA drop in revenue and 540 billion FCFA in additional needs. The Prime Minister is defending the continuation of energy subsidies to avoid passing on the full cost of price increases to households.
Faced with the constraints weighing on public finances, the Senegalese government is asserting a choice: to absorb part of the energy shock rather than pass the entire burden on to the population. During his press conference, Prime Minister Al Aminou Lo explained the trade-offs that led to the preparation of the 2026 supplementary budget law. The head of government presented three major constraints: a downward revision of revenues by 340 billion CFA francs, additional needs of 540 billion CFA francs, particularly for energy subsidies and the defense and security forces, and the need to contain an already high public deficit. For Al Aminou Lo, these figures necessitate difficult choices. The government had to find the necessary resources to meet urgent expenditures without further jeopardizing the balance of public finances.
“We did not pass the oil shock on to the Senegalese people.”
The Prime Minister particularly emphasized the rise in energy and oil prices. He explained that subsidies had been maintained to limit the impact of this increase on household budgets. According to him, the government could have chosen to pass on a larger share of the energy cost to consumers. However, it opted for another solution: allocating budgetary resources to cushion the blow.
“We said we’re going to look at the projects that aren’t delivering,” he explained, referring to the search for funds that could be reallocated to priority spending. This strategy led the government to review certain investments whose implementation was not sufficiently advanced, in order to free up resources to finance subsidies and other expenses deemed urgent. Al Aminou Lo also warned that depleting the funds allocated to subsidies would pose a budget execution problem. “If the subsidies are exhausted, no public accountant is authorized to disburse them,” he stated.
The head of government thus presents the supplementary budget law (LFR) as a necessary instrument for adapting the budget to unforeseen developments, particularly the rise in energy costs. Beyond the figures, the executive branch defends a political and social compromise: preserving purchasing power as much as possible while reorganizing state spending. This choice implies postponing certain investments, but the Prime Minister considers it preferable to the full impact of the energy shock being passed on to the Senegalese people.
Commentaires (4)
On ne peut pas vouloir supprimer la subvention énergétique des sénégalais et refuser en même temps d'encadrer les fonds spéciaux du Président de la République !!!!
Quand on quitte les critiques hors cadres pour entrer dans les détails du différent. La LFR suit la LFI. La LFR est une finalisation de la LFI. Or la LFI était de Sonko. Et Sonko a déroulé une LFI sans restructuration de la dette, sans FMI, en trouvant des moyens internes pour payer les dettes du FMI. Le déni ne peut pas aller jusqu'à refuser de reconnaître que Sonko a fait 2 ans sans rater aucune échéance de dette, et il l'a fait sans FMI et sans restructuration. Comment vouloir lui emmener une lettre de finance qui termine ce qu'il avait commencer, et qui programme le contraire de ses solutions et vouloir qu'il la vote ? La cohérence veut qu'il la rejette. Et il aurait expliqué pourquoi si le PM avait osé un débat.
Même quand le PM choisit le soutien des médias pour nier ce qu'on reproche à sa LFR, par exemple qu'il a supprimé des investissements prévus, il confirme en pensant nier. Ou alors, c'est son ministre des finances qui fait une sortie pour nier toute suppression d'investissement, et lui il vient préciser que les 500 milliards de financement n'ont été que différés. Or, différer depuis une deuxième et dernière lettre de finance d'un exercice budgétaire c'est tout simplement supprimer.
Voilà les gymnastiques du gouvernement Diomaye.
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