According to the latest report from the Ministry of Economy, the central government's budget deficit was up to 411 billion XOF from January to April. This corresponds to approximately 1.0% of the country's GDP.

The budget deficit represents 1.0% of GDP in a full year, according to the Ministry of Economy. According to government forecasts, it should fall to 4.7% of GDP this year, compared to 5.0% in 2021, but the economic situation remains tense due to the war in Ukraine and its impact on global economic activity and commodity prices Worse; res. Thus, the faster increase in spending compared to that of revenues has led to an increase in the budget deficit. As a result, to overcome the deficit and repay the impending debt, the Government issued XOF 1,011 billion in treasuries on the financial markets in January-April, including 408 billion XOF in treasury bills, 242 billion XOF in bonds through auction and 361 billion XOF bonds through syndication on the sub-regional market.