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Economic growth: the BCEAO forecasts 6.3% in 2023 within UEMOA

09/06/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The second ordinary meeting of the Monetary Policy Committee of the Central Bank of West African States (BCEAO) for the year 2023 took place last Wednesday, June 7. It was at the premises located on Avenue Abdoulaye Fadiga in Dakar, where the BCEAO governor chaired the meeting as president of the Monetary Policy Committee

(Cpm).

Lors de la rencontre ordinaire, le gouverneur de la Bceao Announced that 'In the first quarter of 2023, economic activity was more robust than expected, mainly due to the resumption of consumption in developed countries and the abandonment of the zero-Covid policy by China. According to the latter, within the West African Economic and Monetary Union (Uemoa ), the good performance of activity in all sectors suggests robust, projected growth in 2023 to 6.3% after 5.9% in 2022. Thus noted that economic activity remains strong with a growth rate of 5.4% in the first quarter of 2023

.
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