This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Central African Republic and the IMF. Additional information can be found on Central African Republic and IMF country page, including official IMF reports and Executive Board documents in English and French related to Central African Republic.
At a Glance
- Current IMF membership: 190 countries
- Central African Republic joined the Fund in July 10, 1963.
- Total Quotas: SDR 111.4 Million
- Loans Outstanding: PRGF Arrangements SDR 143.16 Million
- Last Article IV Consultation : The 2018 Article IV consultation staff report was discussed bythe Executive Board on December 19, 2018. The Executive Board also completedthe fifth review under the Extended Credit Facility (ECF) arrangement.
Office Activities
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Joined Press Conference Following the Conclusion of the ECF Sixth Review Mission (français)
On May 3, 2019 the Minister of Finance and the IMF team organized a press conference following the conclusion of the ECF 6th review mission (video in French).
May 16, 2019
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H. E. President Touadera meets with IMF Managing Director Madame Lagarde
C.A.R. medias report on President Touadera’ April 2019 visit to Washington DC during which he met the IMF Managing Director Madame Lagarde (in French).
April 30, 2019
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Participation at a Session of the Economic and Social Council (Conseil Economique et Social)
On February 5, the IMF Resident Representative was invited to moderate a session of the Social and Economic Council and presented the role of the Fund and status of implementation of the ECF supported program in C.A.R.
February 28, 2019
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Governmental Seminar on C.A.R. Macroeconomic Situation
The IMF C.A.R. office jointly with the Ministry of Finance organized a governmental seminar on the macroeconomic situation on C.A.R. and prospects. The seminar was attended by twelve ministers. The IMF team presented the conclusions on the main Article IV consultation themes on revenue mobilization, good governance, the business environment, and gender equality.
November 30, 2018
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Presentation of the October 2018 REO (in French)
The October 2018 issue of the Sub-Saharan Regional Economic Outlook was presented to Students of the University of Bangui on November 27, 2018. The presentation was followed by a series of questions & answers on the situation in the CEMAC region and Central African Republic.
October 31, 2018
Central African Republic and the IMF
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The Sahel, Central African Republic Face Complex Challenges to Sustainable Development
November 16, 2023
Conflict and external shocks are amplifying obstacles to economic development.
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November 6, 2023
Series:Country Report No. 2023/362
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October 30, 2023
The Executive Board of the International Monetary Fund (IMF) completed today the first review of the Extended Credit Facility arrangement (ECF) of SDR 141.68 million (about US$191.4 million) for the Central African Republic (CAR).
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October 30, 2023
The Executive Board of the International Monetary Fund (IMF) completed today the first review of the Extended Credit Facility arrangement (ECF) of SDR 141.68 million (about US$191.4 million) for the Central African Republic (CAR).
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September 21, 2023
A team from the International Monetary Fund (IMF) led by Mr. Albert Touna Mama visited Bangui from August 29 to September 9, 2023 to conduct a mission in connection with the first review of the CAR’s program supported by the IMF’s Extended Credit Facility (ECF) arrangement approved in April 2023 (see Press Release No. 23/129). Mr. Touna Mama issued the following statement at the conclusion of the mission:
Regional Economic Outlook
October 10, 2023
LIGHT ON THE HORIZON?
Still emerging from the COVID-19 pandemic, countries in sub-Saharan Africa have been hit by a sluggish global economy, worldwide inflation, high borrowing costs, and a cost-of-living crisis. In many cases, inflation is still too high, borrowing costs are still elevated, exchange-rate pressures persist, and political instability is an ongoing concern. To ensure that the coming rebound is more than just a transitory glimpse of sunshine, it is important for authorities to guard against a premature relaxation of stabilization policies, while also focusing on reforms to both claw back lost ground from the four-year crisis and also to create new space to address the region’s pressing development needs.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF