European Parliament Library

Central African Republic :, Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criteria, Augmentation of Access, Extension of Arrangement, and Financing Assurances Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Central African Republic

This paper discusses key findings of the Fourth Review for the Central African Republic (CAR) under the three-year arrangement under the Poverty Reduction and Growth Facility (PRGF). Short-term fiscal policy of the CAR attempts to stabilize demand through government spending while preserving medium-term fiscal discipline. The revised program safeguards budgeted spending and incorporates new externally financed peace-process spending. Structural reforms are focused on areas critical to economic stability and the recovery of growth. IMF staff supports completion of the fourth review, augmentation of PRGF access, and program extension
Table Of Contents
Cover; Contents; Acronyms; Executive Summary; I. Introduction; II. Economic Developments and Program Performance; A. Recent Developments; Figures; 1. Export Volumes of Main Commodities, January 2007-March 2009; 2. Growth and Inflation Developments, 2003-08; 3. CPI Inflation by Product Categories, January 2003-March 2009; B. Program Performance; 4. External and Monetary Developments, 2003-08; Text Tables; 1. Quantitative Performance Criteria and Benchmarks Under the PRGF Arrangement, 2008; 5. Revenue and Expenditure Developments, 2003-08; 6. Fiscal Balance and Debt Developments, 2003-08
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (67 p.)
Specific Material Designation
Form Of Item

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