Burkina Faso's Economy Stable With Inflation Controlled: Central Bank of West African States

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Burkina Faso's Economy Stable With Inflation Controlled: Central Bank of West African States

Despite the rise in oil prices, inflation forecasts for 2026 remain at 1.5%, within the stability target set by the West African Economic and Monetary Union (1 to 3%), the bank's national director Armand Badiel stated during a meeting of the National Credit Council in Ouagadougou.

Other key notes from the meeting:

The banking system is solid, with strengthened capital and rising liquidity.

Banks are increasing their provisions to cover certain risks.

The economy has sufficient margins to maintain its growth and balance, authorities estimate.

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