IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union
Date Time IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union After almost a decade of strong growth, the WAEMU region is facing a triple crisis impacting health, the economy, and security. For 2021, growth is projected at 5.4 percent, mostly driven by a rebound in private consumption and private investment, reflecting the relaxation of lockdown constraints and the return of foreign direct investment, but the economic outlook remains uncertain. A gradual fiscal consolidation is expected to start this year and bring back the regional fiscal defici...
Source: miragenews.com