European Parliament Library

Central African Republic :, Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waivers of Nonobservance and Modification of Performance Criteria, Request for Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative, and Financing Assurances Review-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Central African Republic

This report examines the Central African Republic’s Third Review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility and request for waivers of Nonobservance and Modification of Performance Criteria. Global food price hikes and fuel price volatility jeopardize growth, inflation, and the balance of payments. Fiscal performance has been as expected, and all quantitative performance criteria (PC) have been met except for the PC on external arrears and on net credit from commercial banks. Demand for timber has declined, and the unstable domestic security situation has reduced diamond exports
Table Of Contents
Contents; Acronyms; Executive Summary; I. Introduction; II. Near-term Outlook and Program Performance; A. Economic Developments and Outlook for 2008; B. Program Performance; Figures; Text Tables; C. Revised Program for 2008; III. Outlook and Program for 2009; A. Economic Prospects; B. Economic Policies for 2009; The 2009 Budget; Structural Reforms; IV. Program Monitoring and Financing; V. Staff Appraisal; Tables; Appendix; I. Letter of Intent; Attachments; I. Memorandum of Economic and Financial Policies, 2008-09; Appendix Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (78 p.)
Specific Material Designation
Form Of Item

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