{
  "title": "Central African Republic: Staff Report for the 2005 Article IV Consultation",
  "publication": "IMF Staff Country Reports, December 2, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/central-african-republic-staff-report-for-the-2005-article-iv-consultation-18738",
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  "summary": "The staff report for the 2005 Article IV Consultation on the Central African Republic (CAR) highlights economic developments and performance. Revenue performance was disappointing, and there were sizable expenditure overruns, particularly on the wage bill.",
  "sections": [
    {
      "heading": "Summary of report",
      "content": "- Focus: economic developments and performance in the Central African Republic (CAR).\n- Overall assessment: revenue performance was disappointing, and there were sizable expenditure overruns, particularly on the wage bill.\n- Agreed priority: the authorities and IMF staff agreed on the importance of raising government revenue to ensure that sufficient resources are available for basic government functions."
    },
    {
      "heading": "Key findings",
      "content": "- Revenue performance described as \"disappointing.\"\n- Expenditure overruns were \"sizable,\" with particular emphasis on the wage bill and \"wage bill slippage.\"\n- Identified fiscal vulnerabilities include arrears and external debt pressures (subjects listed: Arrears, Expenditure, External debt)."
    },
    {
      "heading": "Recommended reforms and policy actions",
      "content": "- Raise government revenue to finance basic government functions.\n- Combat fraud in customs.\n- Improve domestic tax administration through increased controls and verification procedures."
    },
    {
      "heading": "Thematic tags and scope",
      "content": "- Subject areas: Arrears, Expenditure, External debt, Imports, International trade, Labor, Wages.\n- Keywords (as listed): Arrears, authorities' strategy, authority, C.A.R. authorities, C.A.R. economy, CAR economy, CR, debt situation, Global, Imports, ISCR, private sector, Sub-Saharan Africa, wage bill, wage bill slippage, Wages."
    },
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      "heading": "Publication metadata (as presented)",
      "content": "- Date: December 2, 2005\n- Pages: 66\n- Volume: 2005\n- Issue: 424\n- Series: Country Report No. 2005/424\n- DOI: https://doi.org/10.5089/9781451806625.002\n- ISBN: 9781451806625\n- ISSN: 1934-7685\n\nCentral African Republic: Staff Report for the 2005 Article IV Consultation (IMF Staff Country Reports, December 2, 2005).\n\n---\n\n Content in this bundle\n\n- cr05424 - Executive Summary\n  - cr05424 - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05424 - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 2, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451806625.002",
    "Focus: economic developments and performance in the Central African Republic (CAR).",
    "Overall assessment: revenue performance was disappointing, and there were sizable expenditure overruns, particularly on the wage bill.",
    "Agreed priority: the authorities and IMF staff agreed on the importance of raising government revenue to ensure that sufficient resources are available for basic government functions.",
    "Revenue performance described as \"disappointing.\"",
    "Identified fiscal vulnerabilities include arrears and external debt pressures (subjects listed: Arrears, Expenditure, External debt).",
    "Raise government revenue to finance basic government functions.",
    "Combat fraud in customs.",
    "Improve domestic tax administration through increased controls and verification procedures.",
    "Subject areas: Arrears, Expenditure, External debt, Imports, International trade, Labor, Wages.",
    "Keywords (as listed): Arrears, authorities' strategy, authority, C.A.R. authorities, C.A.R. economy, CAR economy, CR, debt situation, Global, Imports, ISCR, private sector, Sub-Saharan Africa, wage bill, wage bill slippage, Wages.",
    "Date: December 2, 2005",
    "Pages: 66",
    "Volume: 2005",
    "Issue: 424",
    "Series: Country Report No. 2005/424",
    "DOI: https://doi.org/10.5089/9781451806625.002",
    "ISBN: 9781451806625",
    "ISSN: 1934-7685",
    "**_cr05424 - Executive Summary**"
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