Central African Republic: Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic.

August 13, 2012

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Central African Republic: Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic., (USA: International Monetary Fund, 2012) accessed November 22, 2024

Also available in: français

Summary

Political and economic uncertainties in the Central African Republic (C.A.R.) have abated, but the sociopolitical environment remains fragile. Institutional weaknesses, limited and volatile aid flows, and persistently low domestic resource mobilization have slowed the efforts and considerable transition out of fragility. The resumption of donor budget support will close the financing gap and increase poverty and infrastructure spending. Implementation of structural reforms needs to be accelerated to support the government’s medium-term objectives. Strengthening debt management capacity to effectively monitor debt development is essential.

Subject: Budget execution and treasury management, Credit, Expenditure, Money, Public debt, Public financial management (PFM), Revenue administration

Keywords: Africa, Authority, Budget execution and treasury management, Central Africa, Central African Republic authorities, Central African Republic's authorities, CR, Credit, Development partner, ECF program, Exploitation, Global, Growth outlook, IMF support, ISCR, Policy, West Africa

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/240
Stock No:

1CAFEA2012002
ISBN:

9781475506570
ISSN:

1934-7685

Notes

Also available in French

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