Public Management

Senegal boosts health budget to $452 million for 2024, focuses on universal health coverage

Senegal boosts health budget to $452 million for 2024, focuses on universal health coverage
Tuesday, 21 November 2023 18:36

The health sector remains a major development challenge for Senegal. According to the government, the Universal Health Coverage (UHC) program launched in 2015 has increased health insurance coverage from 20% to 75% between 2015 and 2023.

Senegal’s parliament approved a health budget of CFA271.62 billion (over $452 million) for FY2024. Official information relayed by the Senegalese Press Agency (APS) on November 19 showed that authorities will focus more on achieving Universal Health Coverage (UHC) next year.

Health Minister Marie Khémesse Ndiaye said the 2024 program is aimed at steering, coordinating, developing, and implementing various action plans. These include funding and research in the health field, specialization scholarships, and the adoption of regulatory texts implementing the law on medicines and health products, among others.

The Minister also indicated that a review of the budget execution situation at the end of the third quarter of 2023 reveals an overall execution rate of 62.31% on a total budget of CFA272.47 billion ($454.5 million).

Similar to many African countries, health remains a significant development challenge for this West African nation. However, progress has been made in recent years by the Senegalese government to improve the accessibility and quality of the healthcare system. Notable initiatives include the "Ndamir" project in partnership with the United States Agency for International Development (USAID), which received a $31 million allocation in May for its third phase. The project aims to reduce preventable maternal and child deaths and support the implementation of the National Malaria Control Program (NMCP) over 4 years.

According to government data, the Universal Health Coverage (UHC) program launched in 2015 by the Senegalese government has increased health insurance coverage from 20% to 75% between 2015 and 2023.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
An IMF delegation completed a 10-day mission in Libreville to review Gabon’s economic situation. The institution welcomed recent reforms but urged...
BGFIBank Côte d’Ivoire increased its capital to CFA60 billion ($106 million). The move follows a similar capital increase at BGFIBank Cameroon. The...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
05

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.