Senegal unveils ambitious development plan --[Reported by Umva mag]

This new public policy framework aims to redefine the country's development trajectory, replacing PSE of the former regime of Macky Sall.

Oct 14, 2024 - 11:10
Senegal unveils ambitious development plan --[Reported by Umva mag]

Senegal is launching its new “Senegal 2050” plan, an ambitious strategy to replace the Plan Senegal Emergent (PSE) and lead the country towards a more sovereign, inclusive and competitive future.

The launch of “Senegal 2050: National Agenda for Transformation,” will be presided over by President Bassirou Diomaye Faye on Monday, October 14.

This new public policy framework aims to redefine the country’s development trajectory, replacing PSE of the former regime of Macky Sall.

The ceremony, which will take place at the Abdou Diouf International Conference Centre (CICAD) in Diamniadio, near Dakar, marks a decisive moment in the implementation of a long-term vision.

Designed to address the challenges of economic dependency and lack of competitiveness, Senegal 2050 aims to make the country a “sovereign, just and prosperous” nation. The plan is based on four fundamental pillars: strengthening governance and pan-African engagement; sustainable regional development; human capital development and social justice; and creating a competitive, job-creating economy.

The plan’s ambitions are clear: Senegal aims to triple its per capita income from $1,500 to $4,500 by 2050. The country also plans to maintain an average annual growth rate of 6-7 percent. In addition to economic growth, the focus is on significant poverty reduction and greater social and territorial inclusion, responding to the major challenges of the current era.

The launch ceremony will bring together stakeholders from different backgrounds, including the private sector, civil society, international partners and academia.

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