**Significant Increase in Public Expenditures, Particularly Those Related to Investments.** Public finances have been marked by a substantial increase in total expenditures and net loans to meet the social needs of the population and infrastructure. In this context, particular emphasis has been placed on increasing public investments and recruiting personnel in the education-training and health sectors. To create budgetary leeway, current expenditures have been contained through the implementation of a wage bill control strategy and better rationalization of spending. However, interest payments on the debt have increased, reflecting the reliance on borrowing to finance structural projects. Thus, total expenditures and loans rose from 4,469.8 billion FCFA in 2015 to 10,279.8 billion FCFA in 2023. These expenditures have supported the recovery of economic activities deeply impacted by the effects of the COVID-19 pandemic and have continued the Government's development objectives aimed at improving the living conditions of the population. They have also helped address contingencies related to rising prices, security challenges, the impact of the Russo-Ukrainian crisis, the new social truce agreement, and the salary increases for civil servants. **Source: MEPD, MFB** In 2023, total expenditures and net loans amounted to 10,279.8 billion FCFA, an increase of 6.3% compared to 2022. This increase was driven by investment expenditures, which reached 3,257.5 billion FCFA, corresponding to a rise of 3.7% compared to 2022. Current expenditures reached 4,992.2 billion FCFA, up 4.8% from 2022, primarily driven by personnel expenses, which increased by 11.9%. In 2024, total expenditures and net loans are projected to be 10,896.5 billion FCFA, an increase of 6.0% compared to 2023. In 2025, total expenditures and net loans are projected to reach 11,874.9 billion FCFA.