The West African Economic and Monetary Union (UEMOA) is predicting a growth of 6.1% in 2022.
According to the Monetary Policy Committee of the Central Bank of West African States (BCEAO) which recently met by videoconference, these prospects still remain fragile and surrounded by downside risks, in connection with strong uncertainties relating to the evolution of coronavirus pandemic, the environment security in the Union, the direction of oil prices and the impact of geopolitical tensions in the world.
Usman Umar has the details.