European Parliament Library

Central African Republic :, Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Waivers of Nonobservance of Performance Criteria and Augmentation of Access, and Financing Assurance Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Central African Republic

This paper reviews the Central African Republic’s three-year arrangement under the poverty reduction and growth facility. Concerns about the social impact of higher fuel prices have delayed implementation of an automatic pricing formula and caused serious fiscal losses. The new financing strategy is based on issuing debt instruments in the regional financial market to improve the domestic debt profile. IMF staff recommends completion of the second review, granting of waivers for nonobservance of performance criteria, and an augmentation of access
Table Of Contents
Cover; Contents; Acronyms; Executive Summary; I.Introduction ; II. Recent Developments; A. Economic Performance in 2007; Figures; 1. Growth and Inflation Developments, 2003-07; 2. External and Monetary Developments, 2003-07; B. Program Performance in 2007; 3. Fiscal Developments, 2003-07; 4. Fiscal Balance and Debt Developments, 2003-07; Text Tables; 1. Quantitative Performance Criteria and Benchmarks Under the PRGF Arrangement, 2007; III. Outlook and Policies for 2008; 2. Structural Conditionality Update, 2007; 5. Macroeconomic Framework, 2004-13; A. Fiscal Program
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (79 p.)
Specific Material Designation
Form Of Item

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