The strong post-pandemic recovery led to demand driven inflationary pressures. Supply side bottlenecks and large increases in commodity prices after Russia's invasion of Ukraine compounded these pressures and resulted in high and persistent inflation. The negative impact on disposable income,...

Cover Page -- Title Page -- Copyright Page -- Contents -- BOX -- FIGURES -- FIGURES -- FIGURES -- TABLES -- BOX -- FIGURES -- BOXES -- FIGURES -- BOXES -- FIGURES -- TABLES -- A. External Sector Developments -- 1. Recent Developments -- 2. Outlook -- 1. Growth and Fiscal Consolidation Scenario...

Cover -- Contents -- Executive Summary -- I. Introduction -- II. Recent Economic Developments -- III. Policy Discussions -- A. Policies for 2007: Reducing Inflation -- B. Medium-Term Policies: Ensuring Fiscal Sustainability -- C. Medium-Term Policies: Promoting Sustained Nonhydrocarbon Growth --...

Cover -- Contents -- I. Introduction -- II. Strong Growth in 2006, Though Housing Market Started to Cool -- III. Growth Slowdown Ahead, with Risks on the Downside -- IV. Ample Room for Fiscal Stabilizers, but Population Aging Ahead -- V. Banks have Large Exposures to Property, but Big Cushions...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This paper highlights Central African Economic and Monetary Community's (CEMAC) common policies in support of member countries reform programs. CEMAC benefited from favorable hydrocarbon prices in 2022. Economic recovery firmed up and the external position strengthened, with external reserves...