The economic recovery continues, despite ongoing political tensions. The
political crisis has led to four changes of government over the past two years, and
ECOWAS is calling for decisive implementation of last year's Conakry Accord for
inclusive government. Nonetheless, growth remains strong, and the government
continues to improve tax administration and public financial management (PFM) with
support of development partners. Following onsite inspections by the WAEMU
Banking Commission, there has been progress towards bringing banks affected by
the voided bank bailout of 2015 into compliance with prudential norms.