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Economic growth in Benin: the BCEAO welcomes the government's efforts to address the high cost of living

24/05/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Jean-Claude Kassi Brou, the governor of the BCEAO, was received in audience on Monday 22 May 2023 by President Patrice Talon at the Palais de la Marina. During the discussions, the governor welcomed the country's economic progress.

At the center of the discussions between the State of Benin and the BCEAO was the economic situation in the West African subregion. Indeed, at the end of the discussions, Jean-Claude Kassi Brou congratulated the Beninese government for its efforts to deal with the high cost of living and maintain economic growth. According to the governor of the BCEAO, “Benin has the best inflation” within the West African Monetary Economic Union (UEMOA), since “the inflation performance is at a relatively

low rate.”

He also welcomed the latest review of the International Monetary Fund, which was “very positive on the performances and results achieved by the Beninese economy.”

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