Central African Republic: Poverty Reduction Strategy Paper: First Annual Progress Report

IMF Staff Country Reports, August 3, 2009

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Central African Republic: Poverty Reduction Strategy Paper: First Annual Progress Report

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Bibliographic details

• Published: August 3, 2009
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451806748.002

Overview and key findings

• First year of PRSP implementation was characterized by an unfavorable international economic environment, with repercussions on the national economy.
• External shocks led to:
  • instability in budget resources,
  • a surge in inflation,
  • an aggravated foreign trade deficit,
  • slowed growth.
• Despite the unfavorable economic cycle, and with the help of its development partners, the government established an institutional framework for PRSP implementation, monitoring, and assessment.

Macroeconomic impacts documented

• Instability in budget resources.
• Surge in inflation.
• Aggravated foreign trade deficit.
• Slowed growth.

Institutional progress and implementation

• Government, supported by development partners, established an institutional framework for:
  • PRSP implementation,
  • monitoring,
  • assessment.

Subjects and keywords

• Subjects: Education, Health, Labor, Population and demographics, Poverty, Poverty reduction, Poverty reduction strategy
• Keywords: CR, development partner, feasibility study, financial support, Global, international community, ISCR, Poverty reduction strategy, standard of living

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