West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries
April 3, 2013
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Military coups that occurred in Guinea-Bissau and Mali caused economic disruption in the WAEMU countries. Regional policies have been in line with the recommendations, and growth is expected to remain robust, risks are on the downside, and the macroeconomic policy is appropriate. Preserving debt sustainability and stability of the Union in the medium term requires better coordination of fiscal policies. Development of the financial system, and strengthening of the regulatory and supervisory framework is necessary to address existing and new risks.
Subject: Banking, Commercial banks, Financial crises, Financial institutions, Financial markets, Financial sector development, Government debt management, Public debt, Public financial management (PFM)
Keywords: authority, Commercial banks, country authorities' agenda, CR, debt criterion, debt market, deficit, Financial sector development, financial system, Government debt management, government paper, ISCR, Sub-Saharan Africa, WAEMU Commission, WAEMU region, West Africa
Pages:
106
Volume:
2013
DOI:
Issue:
092
Series:
Country Report No. 2013/092
Stock No:
1WAUEA2013001
ISBN:
9781484368688
ISSN:
1934-7685
