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240607 ||| eng |
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|a 9798400274787
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|a West African Economic and Monetary Union
|b Staff Report on Common Policies for Member Countries-Press Release; Staff Report; and Statement by the Executive Director for the West African Economic and Monetary Union
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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| 300 |
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|a 72 pages
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| 653 |
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|a Credit
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| 653 |
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|a Public debt
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| 653 |
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|a Finance
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Financial sector policy and analysis
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Debts, Public
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| 653 |
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|a Crime
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| 653 |
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|a Money
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| 653 |
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|a International organization
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| 653 |
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|a International institutions
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| 653 |
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|a Criminology
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Anti-money laundering and combating the financing of terrorism (AML/CFT)
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| 653 |
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|a International Agreements and Observance
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| 653 |
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|a International Organizations
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| 653 |
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|a Financial sector stability
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| 653 |
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|a Monetary economics
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| 653 |
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|a General Financial Markets: Government Policy and Regulation
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| 653 |
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|a International agencies
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| 653 |
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|a Debt Management
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Debt
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| 653 |
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|a Fiscal consolidation
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Illegal Behavior and the Enforcement of Law
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Money laundering
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| 653 |
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|a White-collar crime
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| 653 |
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|a Financial services industry
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| 653 |
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|a Monetary policy
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Finance: General
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| 653 |
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|a Corporate crime
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| 710 |
2 |
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|a International Monetary Fund
|b African Dept
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| 041 |
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|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Staff Country Reports
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| 028 |
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|a 10.5089/9798400274787.002
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| 856 |
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|u https://elibrary.imf.org/view/journals/002/2024/090/002.2024.issue-090-en.xml?cid=547886-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a This paper presents 2024 discussions on Common Policies of Member Countries of the West African Economic and Monetary Union (WAEMU). The WAEMU has proved resilient amid significant adverse shocks, maintaining strong growth estimated at 5.1 percent in 2023. Inflation has fallen rapidly from its 2022 peaks and is now back within the 1–3 percent target range. Fiscal policy needs to ensure a credible medium-term commitment to debt sustainability, while keeping deficits consistent with available financing. The financial sector has been resilient so far, but the banking sector’s exposures to governments require a medium-term plan to address the sovereign-bank nexus, while avoiding disruptions in the regional debt market. WAEMU’s prosperity will also depend on maintaining political cohesion, deepening economic integration, and strengthening the institutional framework, and infrastructure. Regional growth prospects would be enhanced by continued efforts to increase common productive capacity in energy, infrastructure, and food resilience, as called for in the WAEMU Commission’s Regional Development Strategy
|