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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

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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.
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Series: Country Report No. 11/98
Subject(s): Banking sector | Economic growth | Economic indicators | Exchange rate assessments | Financial sector | Staff Reports | Trade | West African Economic and Monetary Union
Notes: Also Available in French
    Published:   May 6, 2011        
    ISBN/ISSN:   9781455274499/1934-7685   Format:   Paper
    Stock No:   1WAUEA2011002   Pages:   67
    Price:   US$18.00        
    Published:   May 25, 2011        
            Format:   A web quality merged PDF
    Stock No:   1WAUFT2011002        
    Price:   US$18.00        
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