IMF Staff Country Reports

Central African Economic and Monetary Community: Staff Report on Common Policies of Member Countries; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Central African Economic and Monetary Community

November 23, 2011

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Format: Chicago

Central African Economic and Monetary Community: Staff Report on Common Policies of Member Countries; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Central African Economic and Monetary Community, (USA: International Monetary Fund, 2011) accessed November 21, 2024

Also available in: français

Summary

Member countries of the Central African Economic and Monetary Community are recovering from the global financial crisis, although growth in 2011 has not returned to precrisis levels. Executive Directors welcomed the region’s economic recovery from the global financial crisis and its overall positive outlook. Directors noted, however, that the recovery has been uneven across member countries and that inflation is on the rise owing to high international food and fuel prices. Directors encouraged the authorities to adopt an appropriate policy mix to contain inflationary pressures in the short term.

Subject: Banking, Credit, Expenditure, Fiscal policy, Fiscal stance, Fiscal sustainability, Monetary base, Money, Public investment and public-private partnerships (PPP)

Keywords: Authority, CEMAC authorities, CEMAC country, CEMAC member economies well, Central Africa, CR, Credit, Exchange regime, Fiscal stance, Fiscal sustainability, Global, ISCR, Monetary base, Public investment and public-private partnerships (PPP), Reform agenda, Sub-Saharan Africa, West Africa

Publication Details

  • Pages:

    67

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2011/329

  • Stock No:

    1CAEEA2011001

  • ISBN:

    9781463925307

  • ISSN:

    1934-7685

Notes

Also available in French

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