Central African Republic: Third and Fourth Review Under the Extended Credit Facility, Requests for a Waiver of Nonobservance of Performance Criteria, and Financing Assurance Review
IMF Staff Country Reports, June 23, 2025
Source details
- Canonical URL
- Central African Republic: Third and Fourth Review Under the Extended Credit Facility, Requests for a Waiver of Nonobservance of Performance Criteria, and Financing Assurance Review
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Bibliographic details
- Published: June 23, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229013970.002
Summary findings
- The paper presents Central African Republic’s (CAR) Third and Fourth Reviews under the Extended Credit Facility (ECF) Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review.
- The ECF arrangement is part of coordinated efforts by international financial institutions to support the people of CAR.
- Program implementation has helped anchor structural reforms and financing.
- Program performance was mixed, while downside risks remain substantial.
Economic outlook and projections
- Economic growth is expected to accelerate to 3 percent in 2025, up from 1.9 percent in 2024.
- Economic activity is projected to expand by 3 percent in 2025, up from 1.9 percent in 2024, driven by higher energy use, mining recovery, infrastructure projects, and improved security.
- Inflation is projected to decline gradually.
- The outlook depends on faster fuel market and governance reforms, and increased grant and concessional financing.
Role of the ECF arrangement and financing
- The ECF arrangement will continue to help the country meet the protracted balance of payments need and sustain spending on basic public services, including in the health and education sectors.
Subject coverage and metadata
- Subject: Arrears, External debt, Public debt, Revenue administration
- Keywords: appraisal of the program performance, Arrears, CAR authorities, Central Africa, Global, staff appraisal, staff's baseline assessment, tax clearance certificate
- Pages: 126
- Volume: 2025
- DOI: https://doi.org/10.5089/9798229013970.002
- Issue: 140
- Series: Country Report No. 2025/140
- Stock No: 1CAFEA2025001
- ISBN: 9798229013970
- ISSN: 1934-7685
Source: Central African Republic: Third and Fourth Review Under the Extended Credit Facility, Requests for a Waiver of Nonobservance of Performance Criteria, and Financing Assurance Review (IMF Staff Country Report No. 2025/140).
Content in this bundle
- Executive Summary