CEMAC: BEAC foresees a decline in growth in 2023




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The difficult economic situation marked by an inflationary surge since the second half of 2022 should strengthen next year for all the economies of the Economic and Monetary Community of Central Africa (CEMAC) despite an improvement in oil revenues which constitute the main budgetary resource. The Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC) at the end of its fourth session on December 15 in Douala, revised the growth forecasts downwards.

Taking into account the international environment whose multifaceted crises have a negative impact on the world economy and the fluctuation of...