3 254,0 milliards F CFA de recettes : Les principaux enseignements du Rapport Trimestriel d’Exécution Budgétaire 2025
The Quarterly Budget Execution Report for the third quarter of 2025 reveals a mixed picture for the State's public finances. While revenues remain solid in a challenging global economic environment, expenditure execution, particularly in capital, highlights major structural challenges.
At the end of the third quarter of 2025, budget execution was supported by continued solid real GDP growth, driven in particular by the start of hydrocarbon production.
General budget revenues reached 3,254.0 billion CFA francs, representing a collection rate of 69.7% of the annual target.
Tax revenues amounted to 2,987.9 billion CFA francs (72.9% of the annual target), an increase of 7.6% year-on-year.
Non-tax revenues showed a good performance with 214.2 billion CFA francs collected (75.8% of the annual target).
Donation mobilization remains low, reaching only 52.0 billion CFA francs (18.1% of the annual target), consisting mainly of capital donations (48.7 billion).
The mobilization of cash resources reached 3,655.8 billion CFA francs, mainly through raising funds on the financial markets (2,775.1 billion), which made it possible to cover the budget deficit of 1,059.0 billion CFA francs recorded at the end of September.
Total general budget expenditures were kept under control at 4,313.0 billion CFA francs (67.8% of the forecasts in the 2025 Finance Law).
Ordinary expenditures amount to 3,220.8 billion CFA francs (72.7% of forecasts), driven mainly by current transfers (1,169.4 billion) and the wage bill (1,082.8 billion).
The financial burden of the debt amounted to 705.7 billion CFA francs, including the repayment of bank loans contracted without parliamentary authorization.
Capital expenditure execution is considered the weakest. Capital expenditure reached 1,092.2 billion CFA francs at the end of September, representing an achievement rate of only 56.4% of the LFR forecasts.
While investments using internal resources show a satisfactory rate (71.4% completion), investments using external resources are only at 49.9%.
Direct government investment remained very low, reaching only 40.8 billion CFA francs (representing an execution rate of 27.4%). Only capital transfers showed satisfactory execution (86.4%).
Despite investment difficulties, the budget deficit stood at 1,059.0 billion CFA francs at the end of September 2025, or 4.88% of GDP, which is significantly lower than the annual target of 7.82% of GDP.
Finally, the financial balance of the National Pension Fund (FNR) was maintained with a surplus of 25.7 billion CFA francs. The 168 monitored public bodies, for their part, executed 47.7% of their combined budget (2,210.0 billion), of which 290.1 billion was allocated to investment.
Commentaires (4)
Voila un sujet j'attemds une appreciation de l'opposition
Bof rien d'extraordinaire
JUB JUBAL JUBANTI ! SONKO/ DIOMAYE EST UN PACTE. UN PATRIOTE NE FUIT JAMAIS. LE COMBAT
UN PATRIOTE NE TRAHIT JAMAIS
Ce rapport révèle tout simplement que s'il n'y avait pas les recettes tirées du pétrole et du gaz, le Sénégal serait en situation de faillite. Pourtant, Wade et Macky ont dirigé ce pays et ont fait de grands investissements sans recettes issues des hydrocarbures. Par conséquent, il n'y a aucune performance dans la gestion de l'actuel gouvernement. Il est temps qu'on arrête de nous parler de Aïda Mbodji et Mimi Touré. Comment un pays qui a autant de difficultés peut perdre autant de temps dans un débat puéril du genre, c'est Mimi qui doit diriger la coalition, non c'est Aïda Mbodji. Comment nos dirigeants qui ont appelé à effacer le système peuvent passer leur temps à se bagarrer l'un pour que Aïda Mbodji dirige, l'autre pour que Mimi dirige. Ces deux dames qui symbolisent à elles seules toute la crème du système. Pis, c'est Habib Sy, un des derniers mohicans du système qui est choisi pour réconcilier Sonko et Diomaye. C'est vraiment une honte. C'est pour ça que nos jeunes sont morts ? C'est écœurant. Finalement, Sonko et Diomaye ne voulaient qu'accéder au pouvoir. La lutte antisysteme dont ils parlaient n'était qu'un argument pour mieux emballer les jeunes, ils n'y croyaient pas.
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