Central African Republic: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic
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Summary:
The Staff Report for the 2011 Article IV Consultation found the macroeconomic performance of the Central African Republic (CAR) satisfactory despite its below-average growth compared with other countries of the region. The report has identified lack of resources, institutional frailties, overdependence on external assistance among other factors responsible for the tardy economic growth and increase in poverty. However, the report has observed that the economy is poised for a medium-term recovery with budgetary discipline and transparency, and effective management of public debt.
Series:
Country Report No. 2012/238
Subject:
Commercial banks Financial institutions Health Oil prices Prices Public debt Revenue administration
Notes:
English
Publication Date:
August 13, 2012
ISBN/ISSN:
9781475506563/1934-7685
Stock No:
1CAFEA2012001
Pages:
68
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