Note D’orientation des Service du FMI : La crise financière internationale et la récession mondiale: impact sur la région de la CEMAC et considérations stratégiques

Author/Editor: John Wakeman-Linn ; Dimitre Milkov ; Plamen Iossifov ; Rafael A Portillo
Publication Date: July 22, 2009
Electronic Access: Free Full text (PDF file size is 550KB).
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Summary: The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMAC governments to the global financial crisis and recession, with particular focus on the impact of current policies on each country’s fiscal sustainability as well as the region’s external sustainability and reserve coverage. The note then provides general policy advice to CEMAC governments as they refine their response to the global crisis.
Series: Staff Position Note No. 2009/20
Subject(s): Bank supervision | Budget deficits | Central Africa | Commodity price fluctuations | Economic recession

Notes Full text also available in French.
Publication Date: July 22, 2009
ISBN/ISSN: 9781616352363 Format: Paper
Stock No: SPNFA2009020 Pages: 20
US$10.00 (Academic Rate:
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