{
  "title": "Central African Republic: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Central African Republic",
  "publication": "IMF Staff Country Reports, February 22, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/central-african-republic-request-for-a-three-year-arrangement-under-the-poverty-reduction-20456",
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  "summary": "This paper discusses Central African Republic’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility.",
  "sections": [
    {
      "heading": "Summary and context",
      "content": "- Paper discusses Central African Republic’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility.\n- Performance under the authorities’ Emergency Post-Conflict Assistance (EPCA) program has been generally satisfactory through end-September 2006, taking into account the difficult external environment.\n- Overall, the main objectives of the EPCA program for this year should be achieved, with:\n  - a moderate increase in economic growth,\n  - an improved fiscal position,\n  - and some progress in structural policies.\n- The authorities’ program for 2007–09 aims to build a firm foundation for accelerating private sector-led growth and alleviating poverty."
    },
    {
      "heading": "Key findings and projections",
      "content": "- Performance assessment:\n  - EPCA program performance: generally satisfactory through end-September 2006.\n  - External environment: characterized as difficult and taken into account in assessment.\n- Expected outcomes for the EPCA program year:\n  - moderate increase in economic growth,\n  - improved fiscal position,\n  - some progress in structural policies.\n- Program objectives for 2007–09:\n  - build a firm foundation for accelerating private sector-led growth,\n  - alleviate poverty."
    },
    {
      "heading": "Policy implications and priorities",
      "content": "- Short-term: maintain measures under EPCA to secure fiscal improvement and continued structural-policy progress.\n- Medium-term (2007–09): orient program design to:\n  - accelerate private sector-led growth,\n  - prioritize poverty alleviation through growth-supporting and pro-poor policies."
    },
    {
      "heading": "Thematic subjects and keywords",
      "content": "- Subject areas:\n  - Arrears\n  - External debt\n  - Poverty\n  - Poverty reduction strategy\n  - Public and publicly-guaranteed external debt\n  - Public financial management (PFM)\n- Keywords:\n  - Arrears\n  - audit\n  - CR\n  - Global\n  - Growth Facility arrangement\n  - IMF staff representative\n  - ISCR\n  - Poverty reduction strategy\n  - PRGF arrangement\n  - Public and publicly-guaranteed external debt\n  - staff of the African Development Bank\n  - staff's assessment\n  - tender\n\n---\n\n Content in this bundle\n\n- cr0773 — IMF Staff Report\n  - cr0773 — IMF Staff Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0773 — IMF Staff Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: February 22, 2007",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451806656.002",
    "Paper discusses Central African Republic’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility.",
    "Performance under the authorities’ Emergency Post-Conflict Assistance (EPCA) program has been generally satisfactory through end-September 2006, taking into account the difficult external environment.",
    "Overall, the main objectives of the EPCA program for this year should be achieved, with:",
    "The authorities’ program for 2007–09 aims to build a firm foundation for accelerating private sector-led growth and alleviating poverty.",
    "Performance assessment:",
    "Expected outcomes for the EPCA program year:",
    "Program objectives for 2007–09:",
    "Short-term: maintain measures under EPCA to secure fiscal improvement and continued structural-policy progress.",
    "Medium-term (2007–09): orient program design to:",
    "Subject areas:",
    "Keywords:",
    "**_cr0773 — IMF Staff Report**"
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