Central African Republic: Staff Report for the 2005 Article IV Consultation
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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. The authorities and IMF staff agreed on the importance of raising government revenue to ensure that sufficient resources are available for basic government functions. Key reforms will include efforts to combat fraud in customs and improve domestic tax administration through increased controls and verification procedures.
Series:
Country Report No. 2005/424
Subject:
Arrears Expenditure External debt Imports International trade Labor Wages
English
Publication Date:
December 2, 2005
ISBN/ISSN:
9781451806625/1934-7685
Stock No:
1CAFEA2005001
Pages:
66
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