Moody’s on WAEMU: Lower reserves raises external vulnerability risk

Moody’s says external reserves of sovereigns in the West African Economic and Monetary Union have nearly halved since 2021 highlighting Lower foreign exchange reserves and high debt service profile signal increased external vulnerabilities. Mickaël Gondrand, Assistant Vice-President Analyst at Moody’s joins CNBC Africa for more on the 2024 outlook for the region.
Fri, 02 Feb 2024 14:33:58 GMT