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 December 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:

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DOI:

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Issue:

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Series:

Country Report No. 2024/090
Stock No:

1WAUEA2024001
ISBN:

9798400274787
ISSN:

1934-7685

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