West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries

Publication Date:

March 22, 2012

Electronic Access:

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Summary:

The staff report on discussions with regional institutions of the West African Economic and Monetary Union is presented. The region faced a number of challenges in 2011, with the intensification of the political crisis in Côte d’Ivoire and a large increase in global food and fuel prices. A materialization of downside risks could require a monetary policy relaxation for the union and differentiated fiscal responses across member countries. The drought in the Sahel may also require a more active fiscal policy in the affected countries.

Series:

Country Report No. 2012/059

Subject:

Notes:

Also available in French

English

Publication Date:

March 22, 2012

ISBN/ISSN:

9781475502428/1934-7685

Stock No:

1WAUEA2012001

Pages:

70

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