At the end of an extraordinary session held on Saturday in Bissau, the Assembly of Heads of State and Government of the Union welcomed the economic growth rate of UEMOA, which will rise to 7% in 2023, while inflation has registered a drop of 3.0 points.

At the end of the extraordinary summit, a press release was released. According to the press release, with regard to recent developments in the economic and financial situation of the Union and the prospects, “the Conference of Heads of State and Government welcomes the resilience of the economies of the zone, whose economic growth rate is expected to be 7.00/0 in 2023, after 5.90/0 in 2022, despite the shocks recorded at the international level and within the community area. ”.

The Conference notes with satisfaction, “the deceleration in 2023 of the inflation rate to 4.40/0, a drop of 3.0 percentage points compared to 2022,” according to the press release. It also welcomes the “multiple efforts made by member states to preserve the purchasing power of populations, in the face of rising costs of food and energy products