On Wednesday, June 4, 2025, the Monetary Policy Committee (CPM) of the Central Bank of West African States (BCEAO) held its second ordinary meeting of 2025 at the headquarters of the Central Bank of West African States in Dakar, Republic of Senegal, under the chairmanship of Dr. Jean-Claude Kassi Brou, Governor of the Central Bank and statutory chairman of the Committee.

The Committee reviewed the major trends in the international and regional economy and assessed the risk factors that could affect the medium-term outlook in terms of inflation and economic growth in the Union. 

With regard to the international economic situation, the Committee noted that in the first quarter of 2025, the global economy was marked by a slowdown in growth in the United States, stability in Europe, and continued momentum in emerging economies. According to the IMF, the economic growth rate is expected to stand at 2.8% in 2025, and 3.0% in 2026. These forecasts are subject to predominantly downside risks, including heightened trade tensions that could potentially lead to a resurgence of inflationary pressures and tighter global financial conditions, geopolitical fragmentation due to the wars in Ukraine and the Middle East, and the growing negative impacts of climate change.