At the end of the third ordinary session of the Union West African Economic and Monetary Affairs (UEMOA) at the headquarters of the BCEAO Monday, October 6, 2025 in Dakar, the Minister of Economy and Finance, Dr. Aboubakar NACANABO, was appointed by his peers to the post of president of UEMOA Council of Ministers.

Dr. Aboubakar NACANABO, Burkinabe minister of Economy and Finance, was elected President of the Council of Ministers statutes of the West African Economic and Monetary Union (UEMOA). He succeeds the Ivorian Adama Coulibaly for a term of two years, in accordance with Article 11 of the UMOA Treaty, which provides for rotation between the eight States members. This appointment, hailed as a diplomatic victory, puts an end to the institutional deadlock between Ouagadougou and Abidjan and paves the way for a more inclusive monetary governance, in a context marked by tensions around the FCFA and the ambitions of the Alliance of States of sahel . She thus puts an end to the diplomatic stalemate that affected the rotating presidency between Ouagadougou and Abidjan. Therefore, it marks, for Burkina Faso, a symbolic return and a reaffirmation of its place within the authorities communities, after a period of post-coup isolation.

Dr. NACANABO, seasoned economist and former executive of the World Bank , brings recognized expertise, particularly in the area of budgetary transparency and the mobilization of internal resources. In reality, he takes takes the reigns of UEMOA in a tense subregional context, facing:

* Monetary sovereignty challenges, including criticisms of the FCFA from Sahel states.

* A fragility of macroeconomic stability regional.

* Questions about the future of integration, particularly concerning the position of the Alliance of Sahel States (AES), Mali, Niger, Burkina Faso in the community system.

This nomination is perceived within the AES as a significant diplomatic victory.

What is assigned to the country that holds the presidency is:

Chair Council meetings; wear the policy coordination; ensure institutional continuity; monitor macroeconomic commitments; and embody the Union externally.

As a reminder, in his opening speech, Adama Coulibaly drew up an economic assessment encouraging. The growth of the Union's Gross Domestic Product (GDP) is estimated at 6.3% in 2025, after 6.3% already in 2024. The activity is carried out by the household consumption and infrastructure investments. At the same time, the Union's overall budget deficit is expected to fall, by from 5.1% of GDP in 2024 to 3.7% in 2025, then to 3.2% in 2026, thanks to a better mobilization of tax revenues and the control of expenditure public.