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The Governor of the Central Bank of West African States praises the performance of Burkina Faso's economy.

Ahmed Salem

On Monday morning, the President of Burkina Faso, Brigadier General Ibrahim Traoré, received the Governor of the Central Bank of West African States.

The meeting provided Jean-Claude Kassi Brou with an opportunity to review the economic, monetary and financial situation of the region, highlighting the outstanding performance of Burkina Faso.

Following the meeting, Jean-Claude Kassi Brou stated: “The region is experiencing positive momentum and good dynamism, and this is important information that the President of Burkina Faso had to be informed of.”.

In doing so, the Governor of the Central Bank of West African States reassured the public regarding the development of the institution's key macroeconomic indicators.

Whether it concerns economic growth, controlling inflation, or the external situation, the indicators point to a positive trend.

Latest data from the Central Bank of West African States

According to the meeting's host, the latest data from the Central Bank of West African States (BCEAO) confirms Burkina Faso's strong growth trajectory and effective management of inflationary pressures.

He added: “We also commended the resilience of the Burkinabe economy and its outstanding performance.”.

Discussions also focused on the financial institution’s presence in Burkina Faso, where a brief presentation was given on the progress of the Central Bank of West African States’ key projects in the country, along with a review of short- and medium-term prospects.

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