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

_IMF Staff Country Reports, August 3, 2009_

## Source details

**Canonical URL:** [Central African Republic: Poverty Reduction Strategy Paper: First Annual Progress Report](https://www.imf.org/en/publications/cr/issues/2016/12/31/central-african-republic-poverty-reduction-strategy-paper-first-annual-progress-report-23157)

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## Bibliographic details
- Published: August 3, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806748.002

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### 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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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/central-african-republic-poverty-reduction-strategy-paper-first-annual-progress-report-23157_