Central African Republic : Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic.

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Central African Republic : Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic.
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Volume/Issue:
2012/240
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
August 2012
DOI:
http://dx.doi.org/10.5089/9781475506570.002
ISBN:
9781475506570
ISSN:
1934-7685
Page:
73
Political and economic uncertainties in the Central African Republic (C.A.R.) have abated, but the sociopolitical environment remains fragile. Institutional weaknesses, limited and volatile aid flows, and persistently low domestic resource mobilization have slowed the efforts and considerable transition out of fragility. The resumption of donor budget support will close the financing gap and increase poverty and infrastructure spending. Implementation of structural reforms needs to be accelerated to support the government's medium-term objectives. Strengthening debt management capacity to effectively monitor debt development is essential.
Article

Statement by Mr. Assimaidou, Executive Director for Central African Republic June 25, 2012

Author(s):
International Monetary Fund
Published Date:
August 2012
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