{
  "title": "Central African Economic and Monetary Community: Recent Developments and Regional Policy Issues",
  "publication": "IMF Staff Country Reports, September 24, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/central-african-economic-and-monetary-community-recent-developments-and-regional-policy-16078",
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  "summary": "This paper examines recent developments and regional policy issues for the Central African Economic and Monetary Community (CEMAC). The CEMAC region benefited in 2000–01 from favorable world oil prices.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This paper examines recent developments and regional policy issues for the Central African Economic and Monetary Community (CEMAC).\n- The CEMAC region benefited in 2000–01 from favorable world oil prices.\n- Favorable oil prices helped to improve the public finances and to strengthen the reserve position of the Central Bank of Central African States.\n- Inflation increased to 4 percent in 2001, owing to pressures from high domestic demand growth.\n- Domestic demand growth rose by 12 percent in real terms in 2001, and was fed by growth in credit to governments.\n- Prospects for 2002 are for continued strong growth in domestic demand."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, Commercial banks, Commodities, Financial institutions, Fiscal policy, Fiscal stance, Oil, Oil prices, Oil, gas and mining taxes, Prices, Taxes\n- Keywords: CEMAC authorities, CEMAC country, CEMAC framework, CEMAC treaty, Commercial banks, CR, exports receipt, Fiscal stance, gas and mining taxes, ISCR, Oil, Oil prices, Sub-Saharan Africa\n\nSource: International Monetary Fund, \"Central African Economic and Monetary Community: Recent Developments and Regional Policy Issues\", September 24, 2002. https://www.imf.org/en/publications/cr/issues/2016/12/30/central-african-economic-and-monetary-community-recent-developments-and-regional-policy-16078\n\n---\n\n Content in this bundle\n\n- cr02203\n  - cr02203 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr02203 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 24, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451806496.002",
    "This paper examines recent developments and regional policy issues for the Central African Economic and Monetary Community (CEMAC).",
    "The CEMAC region benefited in 2000–01 from favorable world oil prices.",
    "Favorable oil prices helped to improve the public finances and to strengthen the reserve position of the Central Bank of Central African States.",
    "Inflation increased to 4 percent in 2001, owing to pressures from high domestic demand growth.",
    "Domestic demand growth rose by 12 percent in real terms in 2001, and was fed by growth in credit to governments.",
    "Prospects for 2002 are for continued strong growth in domestic demand.",
    "Subject: Banking, Commercial banks, Commodities, Financial institutions, Fiscal policy, Fiscal stance, Oil, Oil prices, Oil, gas and mining taxes, Prices, Taxes",
    "Keywords: CEMAC authorities, CEMAC country, CEMAC framework, CEMAC treaty, Commercial banks, CR, exports receipt, Fiscal stance, gas and mining taxes, ISCR, Oil, Oil prices, Sub-Saharan Africa",
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