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.
Electronic Access:
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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.
Series:
Country Report No. 2012/240
Subject:
Budget execution and treasury management Credit Expenditure Money Public debt Public financial management (PFM) Revenue administration
Notes:
Frequency:
Biannually
English
Publication Date:
August 13, 2012
ISBN/ISSN:
9781475506570/1934-7685
Stock No:
1CAFEA2012002
Pages:
73
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