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.

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 transi...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Staff Country Reports; Country Report ; No. 2012/240
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (73 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students