Central African Republic: Recent Economic Developments

April 17, 1997

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Central African Republic: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 21, 2024

Summary

This paper describes economic developments in the Central African Republic during 1990–97. After four years of decline, the real gross domestic product of the Central African Republic (GDP at market prices) recovered in 1994 at the estimated rate of 7.7 percent. This primarily reflected the positive effects of the January 1994 devaluation of the CFA franc on the competitive position of the country, which had been continuously eroding since the mid-1980s. In 1995, real GDP continued to grow, although at a slower rate, estimated at 2.4 percent, largely because of the resilient informal sector.

Subject: Agricultural commodities, Agroindustries, Arrears, Civil service, Commodities, Economic sectors, Exports, External debt, International trade, National accounts

Keywords: A number of public enterprise, Agricultural commodities, Agroindustries, Arrears, CFA franc, CFAF, CR, Debt relief, Enterprise, Exports, Government, ISCR, Personnel management, Price, Public enterprise, Rate of inflation, Semipublic enterprise, Wage, Wage bill

Publication Details

Pages:

124
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/024
Stock No:

1CAFEA0011997
ISBN:

9781451806571
ISSN:

1934-7685

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