IMF Staff Country Reports

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

March 21, 2014

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International Monetary Fund. African Dept. "West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries", IMF Staff Country Reports 2014, 084 (2014), accessed 12/20/2025, https://doi.org/10.5089/9781484341698.002

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Summary

This West African Economic and Monetary Union (WAEMU) IMF staff report focuses on common policies for member countries. The region continued to experience a strong upswing in 2013, and the immediate outlook is for further vigorous growth and moderate inflation. Delays in implementing reforms, at both the national and regional levels, are the principal medium-term risk. It highlights that with continued strong growth projected for the region, countries are encouraged to seek opportunities to strengthen fiscal sustainability while maintaining public investment efforts.

Subject: Balance of payments, Banking, Current account deficits, Expenditure, Government debt management, Public debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: broad money, convergence criteria, CR, current account, Current account deficits, ECOWAS authority, ECOWAS market, fiscal policy coordination, Government debt management, ISCR, Public investment and public-private partnerships (PPP), Public investment spending, Sub-Saharan Africa, WAEMU Commission, WAEMU institution, West Africa, widening current account deficit

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