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International Monetary Fund. African Dept.
Em dezembro de 2023, uma crise política provocou a demissão do Governo anterior e a dissolução do Parlamento. O novo governo, nomeado no final de dezembro de 2023, retomou os fortes compromissos do programa e implementou ações corretivas para resolver as derrapagens políticas. O crescimento deverá recuperar-se em 2024, mas a conjuntura externa continua a ser extremamente difícil. A inflação deverá ser mais elevada após a suspensão dos subsídios ao arroz. As políticas de curto prazo estão orientadas para apoiar a campanha de exportação de caju, porém os riscos para as perspetivas continuam a exibir uma tendência negativa.
International Monetary Fund. African Dept.
A political crisis in December 2023 resulted in another change in the government. In December 2023, the former Minister of Finance and Secretary of State of Treasury from the opposition-led government were arrested over corruption charges related to settlement of cross-arrears and NPLs of the large and undercapitalized bank. This led to a deadly shootout between the National and Presidential Guards. The President considered this event as a coup attempt, dismissed the opposition-led government, dissolved Parliament elected in June 2023, and appointed the new government in December 2023. The new legislative election is planned for the last quarter of 2024 and the presidential election for 2025. The new government has restored the strong program commitments. During the four-month tenure, the previous government demonstrated weaker reform orientation, which caused significant policy slippages and delayed the program implementation. As prior actions, the new government is implementing strong corrective actions to keep on track with the fiscal consolidation path, reduce public debt, and achieve the program objectives.
Can Sever
This paper focuses on the trends in climate change in the WAEMU, assesses the criticality of climate change for the region, and reviews the related policy and financing options going forward. Climate change has been increasingly affecting the lives and livelihoods in the WAEMU. Temperatures have risen significantly, and climate-related disasters have hit the region more frequently in recent decades. Climate change can exacerbate the current challenges and hinder long-term economic prospects by threatening economic growth, food security, fiscal and external sustainability, and social outcomes in the region. Macroeconomic policies, structural reforms and cooperation among different parties remain critical alongside regional efforts, in particular to have access to necessary financing and bolster adaptation efforts.