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๐Ž๐ฉ-๐„๐: ๐•๐ž๐ซ๐ญ๐ข๐ ๐จ ๐ข๐ง ๐ƒ๐š๐ค๐š๐ซ: ๐Œ๐ฎ๐ฌ๐š ๐๐š๐ฌ๐ฌ๐š๐๐ข ๐‰๐š๐ฐ๐š๐ซ๐š ๐‚๐ก๐ซ๐จ๐ง๐ข๐œ๐ฅ๐ž๐ฌ ๐Ž๐ฎ๐ฌ๐ฆ๐š๐ง๐ž ๐’๐จ๐ง๐ค๐จโ€™๐ฌ ๐•๐š๐œ๐ข๐ฅ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ โ€” ๐€ ๐’๐ญ๐ฎ๐๐ฒ ๐ข๐ง ๐€๐ฌ๐ญ๐จ๐ง๐ข๐ฌ๐ก๐ฆ๐ž๐ง๐ญ

Vertigo in Dakar: Musa Bassadi Jawara Chronicles Ousmane Sonkoโ€™s Vacillations โ€” A Study in Astonishment and Amusement


By Musa Bassadi Jawara

Economist & Author


For two years, a digital militia armed with insults, not arguments, has besmirched _Bintouโ€™s Point Kerewan_ and its author for daring to tell an uncomfortable truth: that demagoguery is not governance, that slogans are not statecraft, and that Ousmane Sonkoโ€™s inexperienced cabal at the helm in Dakar would collide with the hard arithmetic of international finance. We were called alarmists. Cyber warriors hurled invective because we refused to genuflect before mischievous propaganda. They mocked sobriety as treason. They mistook viral outrage for wisdom. Today, with Senegalโ€™s debt at 132% of GDP, an IMF program frozen, and Sonko himself abandoning โ€œdisgraceโ€ for โ€œnot rigidโ€ on restructuring, the facts have rendered their verdict. The truth is out, and it is brutal.


Let us be clear. Our analysis was never based on partisan fervor, but on knowledge, experience, and a granular understanding of how governments, central banks, and international institutions actually function. When we sounded the alarm in 2024, it was not guesswork. It was pattern recognition from decades spent watching delicate operations collapse under the weight of populist improvisation. Yes, a single line predicting an Amadou Ba victory ignited a firestorm that some still weaponize today. That one misread poll does not invalidate a thousand correct judgments about fiscal collapse, diplomatic isolation, and institutional sabotage. To fixate on that line while ignoring the prophecies that have been borne out โ€” the hidden debt, the bond-market punishment, the Faye-Sonko fracture โ€” reveals a poverty of reflection. We did not traffic in rumor. We published evidence. We did not seek applause. We sought accuracy. And accuracy, unlike populism, compounds.



So to the critics who preferred insults to insight: consider this your convocation. The lies and propaganda led by Sonko and his surrogates promised sovereignty but delivered subprime borrowing at 8%. They promised to jail the โ€œthousand-thousand billionโ€ thieves but have yet to name a bank, a branch, or a defendant. They promised dignity but are now negotiating the very โ€œdisgraceโ€ they denounced. We hold no joy in this vindication, because Senegalese citizens pay the price of every miscalculation. But we will not be lectured by those who chose volume over veracity. You had your chance to listen. You chose to hurl invective. Now you have the consequences. We had the knowledge. We had the receipts. We told you so.


To the Senegalese intellectual class, long a crown jewel of Africa, how do you allow this to take your country for one individual backed by loyalists bent on destroying with blackmail? Obstruction. Hoodwinked. Lies. Trickery. And yet no bulwark was raised in counter. Sonko and his clique are up to no good, and now that their operation has shifted to the National Assembly, they will create mayhem and cause macabre, monumental destruction. I am dumbfounded, flabbergasted. How can this happen to an elite intellectual tradition such as Senegalโ€™s? When silence becomes complicity, scholarship becomes surrender. The nation that gave Africa Senghor, Cheikh Anta Diop, and Sembรจne does not deserve to be held hostage by a cult of personality.


For those watching silently, remember Dr. King: _โ€œThe ultimate tragedy is not the oppression and cruelty by the bad people but the silence over that by the good people.โ€_ And for those calculating the cost of speaking, heed Einstein: _โ€œThe world will not be destroyed by those who do evil, but by those who watch them without doing anything.โ€_ _Bintouโ€™s Point Kerewan_ was not founded to watch. We were founded to warn. We warned. The ruins are here. The record is clear. History will not say we were silent. It will ask why others were.


The tape doesnโ€™t lie. In a French TV interview broadcast Monday on RFI and France 24, Ousmane Sonko told the world he no longer holds โ€œrigid positionsโ€ on debt restructuring for Senegal. โ€œWe are examining the situation with clarity,โ€ he said, adding that any solution should โ€œmeet the requirements of the moment.โ€ That is a staggering reversal. Last November, standing at a Pastef rally in Dakar, the same Sonko called IMF-backed restructuring a โ€œdisgraceโ€ for the nation. He swore Senegal would meet every commitment โ€œwithout seeking debt forgiveness or rescheduling.โ€ The contrast couldnโ€™t be more brutal, or more clear.


Rewind to November 2025. Sonko told supporters: โ€œWhat our partners are telling us is to restructure this abysmal debt that we discovered. But we have been clear: this is out of the question. It would be a disgrace for our people.โ€ He invoked national pride, framing restructuring as theft. Fast forward to this week. Confronted with $13 billion in hidden debt, 132% debt-to-GDP, and an IMF program frozen since 2024, Sonko now says โ€œwe can assess developments step by step.โ€ Which Sonko should Senegal believe?


Sonko built his moral authority on accusations. During the 2024 campaign he charged that a Macky Sall official was holding โ€œover 1 trillion CFA francs in a bank account.โ€ He demanded the money be returned. Nearly two years into power, where is the trace? Where is the account? Where is the prosecution? The Court of Auditors confirmed $7 billion in hidden borrowing, and the IMFโ€™s Edward Gemayel said there was a โ€œvery deliberate decision to underreport the debt.โ€ But Sonkoโ€™s โ€œthousand-thousand billionโ€ smoking gun has vanished. Accusation was easy. Evidence is harder.


On August 1, 2025, Sonko presented an economic recovery plan โ€œfinanced 90% by domestic resources.โ€ This week he tells RFI/France 24 that Senegal is pragmatic, not rigid, and โ€œnot here to obstructโ€ IMF talks. The IMF team is back in Dakar this week to resume negotiations. So which is it? Sovereignty or submission? Domestic financing or IMF waiver? The whiplash is policy, and Senegalese are paying for it with 8% yields on WAEMU bonds.


Since 2024 _Bintouโ€™s Point Kerewan_ wrote that Pastefโ€™s economic nationalism would collide with fiscal reality. The timeline vindicates the warning. September 2024: Sonko accuses Sall of falsifying figures. October 2024: Moodyโ€™s downgrades Senegal to B1. February 2025: Court of Auditors pegs debt at 99.7% of GDP vs 74.41% reported. July 2025: S&P cuts Senegal to โ€œB-โ€ citing $13 billion hidden debts. This isnโ€™t prophecy. Itโ€™s arithmetic. And itโ€™s brutal.


Sonko said in June that debt was โ€œsustainableโ€ because โ€œwe have been managing to repay it for a year.โ€ But at what price? Debt service was raised by 3.2 trillion CFA francs, $5.8 billion, just to keep up. A university student died during protests over aid several months ago. Teachers are on strike. Construction unions report tens of thousands of jobs lost. When you reject restructuring on โ€œprideโ€ but pay by gutting services, thatโ€™s not sovereignty. Thatโ€™s sacrifice.


The Faye-Sonko fracture was predictable. Faye fired Sonko as PM, then lawmakers made him Speaker, a post with โ€œconsiderable ability to obstructโ€ reforms. Sonko now warns heโ€™ll take Pastef back to opposition if Faye โ€œbreaks from its vision.โ€ We wrote in 2024 that concentrating power in messianic figures would paralyze institutions. Today the IMF freeze, the bond market punishment, the youth still waiting for jobs โ€” this is the governance tax of personality-driven politics.


In the RFI interview, Sonko called the hidden debt โ€œpartly odiousโ€ but admitted: โ€œI did not have all the levers. The powers of the prime minister are extremely limited.โ€ So when he thundered โ€œdisgraceโ€ in November, was that policy or performance? When he said โ€œwe donโ€™t need the IMFโ€ in August, was that strategy or slogan? Senegalese donโ€™t need more adjectives for the debt. They need a plan that doesnโ€™t change every quarter.


To those who opposed our articles: look at the ledger. You said we were too harsh on Pastef. You said Sonkoโ€™s anti-IMF stance was โ€œnegotiating posture.โ€ You said the hidden debt numbers were exaggerated. The numbers are in: 132% debt-to-GDP. 99.7% vs 74.41% reported. $11โ€“13 billion off-books. IMF program frozen. We take no joy in being right. But we wonโ€™t be gaslit when the pain was preventable and the warnings were public.


Speaker Sonko, you accused a man of hiding 1 trillion CFA. Produce the bank name, the account, the legal filing. If you cannot, apologize to Senegalese for weaponizing accusation without proof. And if you now accept that โ€œrequirements of the momentโ€ may mean restructuring, then say so plainly. No more โ€œrigid positions.โ€ No more โ€œdisgrace.โ€ No more โ€œwe donโ€™t need the IMF.โ€ Senegal doesnโ€™t need another pivot. It needs the truth, a budget, and adults who donโ€™t govern by rally. The wellbeing and advancement of Senegal depend on it. _Bintouโ€™s Point Kerewan_ didnโ€™t minimize this crisis. Your contradictions did.


Let the record show: what you have read is not an exposรฉ we relished writing. It is a somber testament to a geopolitical and governance tragedy, one anchored in the harsh realities of economics, politics, and the social evolution of a people betrayed by spectacle. At _Bintouโ€™s Point Kerewan_, by the might of the pen, we labored to bring truth to the fore. We did so through resistance, through fierce criticism, through cyber storms meant to silence us. But we endured for one reason alone: the supreme interest of humanity and humankind. For that, we apologize to no one.


Let Sonko and his political collaborators come to the full and complete realization of this fact: nations are not laboratories for ego, and the poor are not props for populism. History is writing. The ledger is closing. And when the final audit of this era is done, it will not say _Bintouโ€™s Point Kerewan_ was cruel. It will say we were correct. It will say we stood when others sat. It will say we spoke when others calculated. Senegal deserves better than mayhem. Africa deserves better than martyrdom by misrule. The pen has spoken. History will judge.


Bintouโ€™s Point, Kerewan

June 17, 2026


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