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West African Economic and Monetary Union: Financial Sector Assessment Program–Financial System Stability Assessment
Author:
International Monetary Fund. Monetary and Capital Markets Department
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 136
Language:
English
Publication Date:
11 May 2022
DOI:
https://doi.org/10.5089/9798400207976.002
ISBN:
9798400207976
ISSN:
1934-7685
Pages:
49
Keywords:
World Bank FSAP; Basel III liquidity requirement; FSAP finding; liquidity support; liquidity stress test scenario; Financial Sector Assessment Program; Stress testing; Financial sector stability; Market risk; West Africa
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The Financial Sector Assessment Program (FSAP) was conducted amid an economic rebound two years into the COVID-19 pandemic that had a limited impact on the financial sector. Several member states have experienced political instability, with coups in Burkina Faso and Mali leading to economic sanctions for the latter, and an attempted coup in Guinea-Bissau. Yet, short of further political deterioration, economic recovery is expected to persist. The last FSAP was conducted in 2008.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund