The WAEMU has seen strong growth and rising living standards over the past decade. Economic growth averaged 5.4 percent in 2013-2019 and 5.8 percent in 2021-2023. Policy efforts from regional and national authorities have cushioned the impact of several external and internal shocks, prompting a...

This paper discusses common policies of member countries, and common policies in support of member countries reform programs in Central African Economic and Monetary Community (CEMAC). In order to preserve price stability and strengthen external buffers, maintain a data-dependent monetary policy...

This paper highlights Central African Economic and Monetary Community's (CEMAC) common policies in support of member countries reform programs. CEMAC benefited from favorable hydrocarbon prices in 2022. Economic recovery firmed up and the external position strengthened, with external reserves...

This Selected Issues paper focuses on climate vulnerabilities and food insecurity in Mali. Mali is extremely vulnerable to climate change and the country is already facing acute climate-related challenges from higher temperatures and more frequent extreme weather events. The impact of climate...

This 2023 Article IV Consultation highlights that Mali's economy has been hit by multiple shocks since 2020 but remained resilient in 2022 amid high inflation. Real gross domestic product (GDP) growth increased from 3.1 percent in 2021 to 3.7 percent in 2022, despite elevated security and...