This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Central African Republic and the IMF. Additional information can be found on Central African Republic and IMF country page, including official IMF reports and Executive Board documents in English and French related to Central African Republic.
At a Glance
- Current IMF membership: 191 countries
- Central African Republic joined the Fund in July 10, 1963.
- Total Quotas: SDR 111.4 Million
- Loans Outstanding: PRGF Arrangements SDR 143.16 Million
- Last Article IV Consultation : The 2018 Article IV consultation staff report was discussed bythe Executive Board on December 19, 2018. The Executive Board also completedthe fifth review under the Extended Credit Facility (ECF) arrangement.
Office Activities
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Joined Press Conference Following the Conclusion of the ECF Sixth Review Mission (français)
On May 3, 2019 the Minister of Finance and the IMF team organized a press conference following the conclusion of the ECF 6th review mission (video in French).
May 16, 2019
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H. E. President Touadera meets with IMF Managing Director Madame Lagarde
C.A.R. medias report on President Touadera’ April 2019 visit to Washington DC during which he met the IMF Managing Director Madame Lagarde (in French).
April 30, 2019
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Participation at a Session of the Economic and Social Council (Conseil Economique et Social)
On February 5, the IMF Resident Representative was invited to moderate a session of the Social and Economic Council and presented the role of the Fund and status of implementation of the ECF supported program in C.A.R.
February 28, 2019
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Governmental Seminar on C.A.R. Macroeconomic Situation
The IMF C.A.R. office jointly with the Ministry of Finance organized a governmental seminar on the macroeconomic situation on C.A.R. and prospects. The seminar was attended by twelve ministers. The IMF team presented the conclusions on the main Article IV consultation themes on revenue mobilization, good governance, the business environment, and gender equality.
November 30, 2018
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Presentation of the October 2018 REO (in French)
The October 2018 issue of the Sub-Saharan Regional Economic Outlook was presented to Students of the University of Bangui on November 27, 2018. The presentation was followed by a series of questions & answers on the situation in the CEMAC region and Central African Republic.
October 31, 2018
Central African Republic and the IMF
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October 16, 2024
A team from the International Monetary Fund (IMF), led by Mr. Albert Touna Mama, held discussions with the Central African Republic (CAR)’s authorities in Bangui from September 23 - October 2, 2024, in connection with the third review of CAR’s program supported by the Extended Credit Facility (ECF).
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IMF Staff Concludes Visit to Central African Republic
July 24, 2024
The Central African Republic (CAR) continues to implement public finance management and governance reforms, despite the particularly difficult socio-economic context and significant financing needs.
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June 28, 2024
Series:Country Report No. 2024/198
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June 24, 2024
The IMF Executive Board today completed the second review under the Extended Credit Facility Arrangement for the Central African Republic (CAR). The completion of the second review allows for an immediate disbursement of SDR 18.60 million (about US$25 million) to the CAR to address its protracted balance of payments needs and sustaining priority spending on basic public services.
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May 31, 2024
Series:Country Report No. 2024/144
Regional Economic Outlook
October 25, 2024
Sub-Saharan African countries are implementing difficult and much needed reforms to restore macroeconomic stability, and while overall imbalances have started to narrow, the picture is varied. Policymakers face three main hurdles. First, regional growth, at a projected 3.6 percent in 2024, is generally subdued and uneven, although it is expected to recover modestly next year to 4.2 percent. Second, financing conditions continue to be tight. Third, the complex interplay of poverty, scarce opportunities, and weak governance--compounded by a higher cost of living and short-term hardships linked to macroeconomic adjustment--are fueling social frustration. Within this environment, policymakers face a difficult balancing act in striving for macroeconomic stability while also working to address development needs and ensure that reforms are socially and politically acceptable. Protecting the most vulnerable from the costs of adjustment and realizing reforms that create sufficient jobs will be critical to mobilize public support.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF