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UEMOA Council of Ministers: Several projects examined in Lomé

14/07/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Lomé hosted the ordinary session of the UEMOA Council of Ministers on July 11, 2025. This was structured around several points, including the consideration of the draft Multilateral Surveillance Implementation Report, for the first half of 2025, as well as the draft recommendation on economic policy guidelines to Member States, for the year 2026

.

The meeting should also decide on the draft Decisions submitted, such as the draft Decision establishing the Harmonized Survey on Household Living Conditions in the WAEMU Member States; the draft Decision adopting the WAEMU Private Sector Development Strategy 2025-2030; the draft Decision adopting the WAEMU Private Sector Development Strategy 2025-2030; the draft Decision adopting the Strategy for the promotion of public-private dialogue in the WAEMU region 2025-2030

.

According to the timetable and under the authority of the Financial Markets Authority, should approve the annual accounts of the AMF-UMOA for the financial year 2024, and proceed with the application of articles 3 and 4 of the Annex to the Agreement on the composition, organization and functioning of the Regional Council for Public Savings and Financial Markets of UMOA. Finally, they will have to examine the proposal relating to the pricing applicable to Banks of Deposits and Consignations as Account Holders and Managers of assets deposited on the UMOA regional financial market and the modification of the revised Decision No. CM/13/12/2011 revised establishing the rates of the Regional Council

for Public Savings and Financial Markets.

The President of the Council of Ministers, Mr. Adama Coulibaly, Minister of Economy and Finance of Côte d'Ivoire, sets the tone on the state of the regional economy, which he considers resilient, given the worrying global economic environment: “Our session is being held in an international context marked by increased uncertainty, particularly fuelled by trade and geopolitical tensions, as well as by the persistence of security challenges in our region. Within our zone, however, economic activity remained dynamic. The gross domestic product grew by 7.1%, in real terms, in the first quarter of 2025 after an increase of 7.2% in the fourth quarter

of 2024.”

Economic growth should be there, he underlines: “For the whole of 2025, the economic growth rate should reach 6.4%, after 6.3% in 2024, under the impetus of all sectors of activity, in particular the manufacturing and extractive sectors. Like most regions of the world, the inflation rate in the UEMOA fell in the first quarter of 2025, from 2.9% to 2.3%. This decline is linked to a lower rise in the prices of imported products, especially energy, and to the effects of monetary policy measures. There is also an improvement in the supply of products on the markets.”

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