President Macky Sall announced on public television reduction measures relating to housing, rice, oil, sugar and even school supplies. This decision was taken following a meeting on consumption on Saturday evening in Dakar, in the presence of traders and manufacturers, and while the post-covid period and the guerre in Ukraine have increased the cost of many products.
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The reduction is 5% for rents of more than 500,000 FCFA (750 euros), 10% for those ranging from 300,000 FCFA (457 euros) to 500,000 FCFA and 20% for those less than or equal to 300,000 FCFA. This last category concerns the majority of households in Senegal, where the minimum wage is around 75 euros.
“Rents have increased by more than 200%”
The high cost of rent is particularly felt in Dakar. The Senegalese capital, where thousands of homes are lacking, is home to nearly four million inhabitants, i.e. almost a quarter of the Senegalese population, estimated at plus of 17 million inhabitants.
“Rents have increased by more than 200% since the last attempt to lower them (in 2014) while construction costs have only increased by around 45%,” Macky Sall told the press.
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In 2014, the Senegalese Parliament passed a law to alleviate the burdens of poor tenants. The text put in place a mandatory reduction of 29% of rents below 150,000 CFA francs (227 euros). But it had not been followed by the expected effect.
“Orders will be taken and prices will be applied by Wednesday or Thursday,” Commerce Minister Abdou Karim Fofana said on Sunday radio. private RFM.