From this meeting, the ministers warn that this situation will result in "a decline in growth
economic, rising unemployment and negative impacts on several sectors of activity, including
tourism, transport, construction, trade, industry and the financial sector," said a statement
sent to press.
As part of the measures to be taken at Community and country level to support economies
and enable them to overcome the effects of this shock, the ministers stressed "the determination of
governments to take all necessary measures to defeat the pandemic and limit its effects
negative on the population and on the economy, "says the source.
The Council took note of the measures proposed by the Community bodies and institutions for< > support the efforts under way in the Member States. The document states that "ministers are pleased with the scale of the measures envisaged, in particular to support firms in difficulty and
support States in the management of the pandemic".
Subsequently, 'they encouraged the Community bodies and institutions to implement the measures
proposed and to inform economic agents and the public through the usual channels", informs the
press release.
It should be noted that the extraordinary council was chaired by Romuald Wadagni, Minister of Economy and
Finance of the Republic of Benin, its current President, Abdallah Boureima, President of the
WAEMU Commission, Tiémoko Meyliet Koné, Governor of the Bceao, Christian Adovelande, President
of the West African Development Bank (Boad) and Mamadou Ndiaye, President of the Regional Council
public savings and financial markets (Crepmf).