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Record Nr. |
UNINA9910162924403321 |
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Titolo |
Central African Republic : : First Review of the Arrangement Under the Extended Credit Facility, Financing Assurances Review and Request for Waiver of Nonobservance of Performance Criterion |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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1-4755-6646-8 |
1-4755-6650-6 |
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Descrizione fisica |
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1 online resource (57 pages) : illustrations (some color), tables, graphs |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Banks and Banking |
Exports and Imports |
Money and Monetary Policy |
Public Finance |
International Lending and Debt Problems |
Taxation, Subsidies, and Revenue: General |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Debt |
Debt Management |
Sovereign Debt |
Monetary Policy, Central Banking, and the Supply of Money and Credit: General |
International economics |
Public finance & taxation |
Banking |
Monetary economics |
Arrears |
Revenue administration |
Commercial banks |
Public debt |
Credit |
External debt |
Financial institutions |
Money |
Debts, External |
Revenue |
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Banks and banking |
Debts, Public |
Africa Economic conditions |
Central African Republic |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This paper discusses Central African Republic’s First Review of the Arrangement Under the Extended Credit Facility (ECF), Financing Assurances Review and Request for Waiver of Nonobservance of Performance Criterion (PCs). Program implementation through the end of August has been satisfactory. All quantitative and indicative targets were met, with the exception of the criterion on nonaccumulation of external payments for which the authorities are taking corrective measures. Improvement in tax revenue, albeit in line with the program target, remains fragile. The IMF staff supports completion of the first review under the ECF arrangement and the authorities’ request for a waiver for the nonobservance of a PC. The IMF staff also recommends that the financing assurances review be completed. |
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