Central African Republic : request for disbursement under the rapic credit facility : press release; staff report; and statement by the Executive Director for the Central African Republic
International Monetary Fund
This paper presents Central African Republic's Request for Disbursement Under the Rapid Credit Facility. The implementation of the policies and structural reforms to which the authorities committed under the Extended Credit Facility (ECF) arrangement adopted in December remains key to ensuring macroeconomic stability and debt sustainability and restoring sustained inclusive growth. Additional external support, preferably in the form of grants, is also urgently required to meet C.A.R.'s elevated financing needs and ease the financial burden of the pandemic. These are also essential to the authorities' efforts to restore peace and prosperity in the country. The authorities intend to allow the fiscal deficit to increase to accommodate most of the fiscal impact of the pandemic, which will comprise a significant shortfall in revenue and additional outlays as part of the response plan. While they intend to streamline nonpriority expenditures, this accommodative stance will allow them to continue meeting pressing social, infrastructure, and security spending needs. The authorities have also reiterated their intention to pursue the policies and structural reforms to which they committed under the ECF arrangement approved last December
Year of publication: |
2020
|
---|---|
Institutions: | Internationaler Währungsfonds (issuing body) |
Publisher: |
Washington, D.C. : International Monetary Fund |
Subject: | IWF-Kredit | IMF lending | Zentralafrikanische Republik | Central African Republic | Wirtschaftslage | Macroeconomic performance |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 39 Seiten) Illustrationen |
---|---|
Series: | IMF country report. - Washington, DC : IMF, ZDB-ID 2390611-X. - Vol. 20, 137 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 978-1-5135-4236-2 |
Other identifiers: | 10.5089/9781513542362.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012249606
Saved in favorites
Similar items by subject
-
(2017)
-
(2019)
-
(2020)
- More ...
Similar items by person
-
IMF economic reviews : press/public information notices
(1999)
-
Odling-Smee, John C., (1994)
-
Brown, Scott B., (1994)
- More ...