Cover Aftermath of the CFA Franc Devaluation
Aftermath of the CFA Franc Devaluation
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Abstract

Developments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers describes the progress made and the difficulties encountered during 1994 and early 1995 in implementing the programs supported by use of IMF resources.

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Author: Mr. Stéphane Cossé, Mr. Johannes Mueller, Mr. Jean Le Dem, and Mr. Jean A. P. Clément
Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
18 Jun 1996
DOI:
https://doi.org/10.5089/9781557755612.084
ISBN:
9781557755612
ISSN:
0251-6365
Pages:
93
Keywords:
OP; bottom; CFA franc; CFA franc country; fund staff estimate; public enterprise reform; expenditure policy; Tax administration core functions; Tariffs; Commercial banks; West Africa; Sub-Saharan Africa; Africa; CFA franc zone; financial situation of the zone; CFA franc devaluation
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The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.