Central African Republic : Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document

Author/Editor:

International Monetary Fund

Publication Date:

January 14, 2008

Electronic Access:

Free Full text (PDF file size is 486 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents an assessment of the Central African Republic’s (C.A.R) qualifications for assistance under the Enhanced HIPC Initiative. Stronger policy implementation has helped the economic growth of the C.A.R. under the Poverty Reduction and Growth Facility (PRGF) arrangement. Directors stressed the need for fiscal consolidation supported by policies and implementation of more structural reforms to meet the challenges. A sensitivity analysis of the C.A.R.’s projected external debt burden highlights the need for economic reforms to diversify and enhance export performance and for sustained foreign assistance on favorable terms to avoid the risk of renewed debt distress.

Series:

Country Report No. 08/14

Subject(s):

English

Publication Date:

January 14, 2008

ISBN/ISSN:

9781451806687/1934-7685

Stock No:

1CAFEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

62

Please address any questions about this title to publications@imf.org