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The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed...
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Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the … Cameroon's quota) to support the country's economic and financial reform program. This followed two disbursements in 2020 under … the Rapid Credit Facility (RCF) totaling SDR 276 million, equivalent to about USD 382 million or 100 percent of Cameroon …
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The COVID-19 pandemic interrupted a decade of high growth and development progress in Senegal. While a recession was …
Persistent link: https://www.econbiz.de/10013169127
launched in February but has so far covered less than 5 percent of Senegal's population. The President announced in early April …
Persistent link: https://www.econbiz.de/10012604267
South Africa's subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social …
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The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy...
Persistent link: https://www.econbiz.de/10012516441
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Comoros is a small, fragile island state (population: 850,000) with persistently low and shock-prone growth. The last Article IV Consultation (completed in early 2020) assessed Comoros' fragility as arising from two vicious circles: economic fragility manifests in low fiscal revenue,...
Persistent link: https://www.econbiz.de/10012697162