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Uemoa: The World Bank lowers its growth forecasts for 2025

16/06/2025
Categories: Economy/Forex

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The World Bank (WB) has in turn downgraded its economic growth forecasts for the current year, amid continuing trade tensions, and warning that the 2020s could see the weakest growth in 60 years.

According to a recent report by the World Bank, Senegal will be the community country with the highest growth, at 7.9% compared to 9.7% initially expected. It will be closely followed by Benin and Niger, which will register growth of 7.2% and 7.1% respectively. Ivory Coast will come in fourth position (5.8%) followed by Guinea-Bissau (5.1%), Togo (5%) and Mali (4.8%). Burkina Faso will record the lowest growth in the UEMOA, estimated

at 4.3%.

This information comes at a time when economic activity in the area is dynamic. According to Adama Coulibaly, President of the UEMOA Statutory Council of Ministers, economic growth is estimated at 6.3% in 2025, driven by the good performance of the agricultural, extractive

and manufacturing sectors.

Inflation is expected to fall to 2.7%, thanks to the fall in global prices for imported food and oil products, as well as to the good results of the 2024/2025 crop year. However, according to the Central Bank of West African States (BCEAO), it should reach an average of 2.2% in 2025 against 2.6% at the end of December 2024, which confirms economic stability. She underlines that the fundamentals are reassuring, with an almost zero current account deficit and a strengthened external position

.

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