Central African Republic: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic
August 13, 2012
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The Staff Report for the 2011 Article IV Consultation found the macroeconomic performance of the Central African Republic (CAR) satisfactory despite its below-average growth compared with other countries of the region. The report has identified lack of resources, institutional frailties, overdependence on external assistance among other factors responsible for the tardy economic growth and increase in poverty. However, the report has observed that the economy is poised for a medium-term recovery with budgetary discipline and transparency, and effective management of public debt.
Subject: Commercial banks, Financial institutions, Health, Oil prices, Prices, Public debt, Revenue administration
Keywords: authority, C.A.R. economy, CAR authorities, CAR well, Commercial banks, CR, development partner, economy of the Central African Republic, Global, ISCR, Oil prices, payment arrears, policy, Sub-Saharan Africa
Pages:
68
Volume:
2012
DOI:
Issue:
238
Series:
Country Report No. 2012/238
Stock No:
1CAFEA2012001
ISBN:
9781475506563
ISSN:
1934-7685
