Central African Republic: Request for Disbursement Under the Rapid Credit Facility and the Cancellation of the Extended Credit Facility Arrangement-Staff Report; Press Release; and Statement by the Executive Director for Central African Republic

 
 
Publication Date: June 16, 2014
 
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Summary: This paper focuses on Central African Republic’s (CAR) Request for Disbursement Under the Rapid Credit Facility (RCF) and Cancellation of the Extended Credit Facility Arrangement. The transitional government in CAR is facing daunting challenges. Improved security, donor support, and normalizing salary payments will be crucial to start a recovery in 2014. The macroeconomic outlook is subject to uncertainty and risks. The IMF staff supports the authorities’ request for assistance under the RCF in view of their currently limited capacity to implement policies of an upper credit tranche-quality economic program, the large and urgent balance-of-payments needs, and the catalytic effect of IMF support on other external assistance.
 
Series: Country Report No. 14/164
Subject(s): Rapid Credit Facility | Fiscal policy | Budgets | Tax collection | Revenue mobilization | Economic indicators | Extended Credit Facility | Debt sustainability analysis | Staff Reports | Letters of Intent | Press releases | Extended arrangement cancellations | Central African Republic

Notes Also available in French
 
English
Publication Date: June 16, 2014
ISBN/ISSN: 9781498346863/1934-7685 Format: Paper
Stock No: 1CAFEA2014001 Pages: 67
Price:
US$18.00 (Academic Rate:
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