West African Economic and Monetary Union: Staff Report on Common Policies for Member Countries-Press Release; Staff Report; and Statement by the Executive Director for the West African Economic and Monetary Union

April 17, 2024

Preview Citation

Format: Chicago

West African Economic and Monetary Union: Staff Report on Common Policies for Member Countries-Press Release; Staff Report; and Statement by the Executive Director for the West African Economic and Monetary Union, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Also available in: français

Summary

The WAEMU has seen strong growth and rising living standards over the past decade. Economic growth averaged 5.4 percent in 2013-2019 and 5.8 percent in 2021-2023. Policy efforts from regional and national authorities have cushioned the impact of several external and internal shocks, prompting a solid economic recovery since the COVID-19 pandemic, despite increasing security issues. Meanwhile, the Human Development Index has increased from 0.44 in 2013 to 0.48 in 2021.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Crime, Financial sector policy and analysis, Financial sector stability, Fiscal consolidation, Fiscal policy, International organization, Monetary policy, Money, Public debt

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Financial sector stability, Fiscal consolidation, Policy advice, Sub-Saharan Africa, WAEMU convergence pact, WAEMU institution, WAEMU member, WAEMU member country, West Africa

Publication Details

Pages:

72
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2024/090
Stock No:

1WAUEA2024001
ISBN:

9798400274787
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports