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Silvana Tenreyro has been named the IMF's Economic Counsellor and Director of the Research Department, succeeding Pierre-Olivier Gourinchas. Tenreyro, a prominent economist, will commence her role on August 10, 2026, bringing her extensive academic and policy-making experience to the Fund. 

Senegal's President Bassirou Diomaye Faye has appointed former regional central banker Ahmadou Al Aminou Lo as Prime Minister following the dismissal of Ousmane Sonko. The decision comes as the country grapples with a significant debt crisis and rising political tensions, threatening crucial reforms tied to IMF support.

The International Monetary Fund (IMF) has appointed Rodrigo Valdes as the new Director of the Fiscal Affairs Department, effective immediately. Valdes, who succeeds the retiring Vicky Sterlini, brings extensive experience in economic policy and fiscal management.