## Central African Republic: Staff Report for the 2004 Article IV Consultation

_IMF Staff Country Reports, June 10, 2004_

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**Canonical URL:** [Central African Republic: Staff Report for the 2004 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/central-african-republic-staff-report-for-the-2004-article-iv-consultation-17450)

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## Bibliographic details
- Published: June 10, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806601.002

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### Key findings on economic performance since 2000
- The period since 2000 has been marked by poor economic performance owing in large part to military disturbances, but also to weak administration and poor program implementation.
- Subject areas flagged: Arrears, Economic sectors, External debt, Foreign aid, Mining sector, Public debt.

### Impact of the March 2003 conflict
- The conflict that ended in March 2003 "shattered the Central African Republic's economy."
- Real GDP contracted by 7 percent in 2003.
- The formal sector of the economy was described as being in a particularly dire state.

### Fiscal developments in 2003
- The deficit in the overall budget balance including grants widened by about 2 percent of GDP in 2003.

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/central-african-republic-staff-report-for-the-2004-article-iv-consultation-17450_