Economic recovery has continued, but growth remains subdued. Structural and governance weaknesses, ongoing internal conflicts and security concerns, social tensions around presidential elections in October 2025, and climate hazards continue to hinder the growth outlook, which is also unfavorably...

The CEMAC's economy lost momentum in 2023. The external position weakened, with the current account shifting to a deficit and foreign reserve accumulation slowing. While inflation continued to ease, it remained elevated. Available data indicate a deterioration in the underlying fiscal positions...

The economy recovered in 2024 as oil sector rebounded from its slump. However, fiscal consolidation efforts somewhat waned, auguring the start of a political cycle. Buffers built during the 2018-21 EFF-supported program are being eroded by fiscal slippages from higher capital expenditures and a...

Real GDP growth stabilized at 4.2 percent in 2024. Led by food and energy prices, year-on-year inflation persisted, rising from 7.3 percent in March 2024 to 8.6 percent in December 2024 as deteriorating road and electricity infrastructure continued to weigh on transportation and production...

This Selected Issues paper analyzes domestic revenue mobilization (DRM) in the West African Economic and Monetary Union (WAEMU). DRM is critical for financing economic and social development and ensuring debt sustainability in WAEMU, especially in light of rising interest, high security...

This paper presents IMF staff report on common policies for member countries of West African Economic and Monetary Union (WAEMU). Economic growth continues to be strong in the WAEMU. Inflation has fallen back to its target range, and recent improvements in regional external imbalances are...

A hard-won recovery in sub-Saharan Africa has been overtaken by recent events. The sudden shift in the global outlook has clouded the region's short-term prospects and significantly compli¬cated policy making. After four years of crisis, sub-Saharan Africa's authorities had already faced a...

This paper presents Côte d'Ivoire's 2024 Article IV Consultation, Third Reviews under Extended Arrangement under the Extended Fund Facility and the Arrangement under the Extended Credit Facility, Request for Modification of a Quantitative Performance Criterion, and Second Review under the...