The ordinary meeting of the Board of Directors of the Central Bank of West African States (BCEAO) for the year 2024 took place on Wednesday 27 March last in Dakar, Senegal.

The activities of the Central Bank in 2023 took place in an international economic and financial environment characterized by the persistence of inflationary pressures, the resurgence of geopolitical tensions, and the continued tightening of central banks' monetary policies. according to the BCEAO

According to Jean-Claude Kassi Brou, the inflation rate in UEMOA rose to 3.7% in 2023 against 7.4% in 2022 against 7.4% in 2022. According to the Chairman of the BCEAO Board of Directors, this decline was facilitated by the alleviation of inflationary pressures on food products and the efforts of States to fight against the high cost of living, as well as the effects of monetary policy measures taken by the Bceao