West African Economic and Monetary Union : Staff Report on Common Policies of Member Countries—Regional Consultation on Economic Issues and Policies—Staff Report, Public Information Notice Informational Annex, Staff Statement, Executive Director’s Statement

Author/Editor:

International Monetary Fund

Publication Date:

May 6, 2011

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In 2010, average inflation has remained low in all West African Economic and Monetary Union (WAEMU) countries, but has edged up in the second half of the year. After a moderate fiscal easing by about 1½ percentage points of GDP in 2009, mostly the result of higher capital spending, the area-wide average deficit is estimated to have declined slightly to 3.1 percent of GDP in 2010. A compression of imports in 2009, the region’s external current account deficit is estimated to have returned to about 5½ percent of GDP in 2010.

Series:

Country Report No. 11/98

Subject:

Notes:

Also Available in French

English

Publication Date:

May 6, 2011

ISBN/ISSN:

9781455274499/1934-7685

Stock No:

1WAUEA2011002

Format:

Paper

Pages:

67

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