Central African Republic (C.A.R.) continues to be assessed at high risk of external debt distress. This rating is unchanged from the previous analysis and consistent with the staff report of December 2017. Under the baseline scenario, one debt burden indicator breaches its threshold. And stress...

The Central African Republic (C.A.R.) remains at high risk of external debt distress and overall high risk of debt distress under the revised Debt Sustainability Framework (DSF), unchanged from the 2018 DSA. Solvency indicators (the present values of the external public and publicly guaranteed...

The Covid-19 pandemic had a substantial impact on C.A.R.'s economy but appears now somewhat contained. The number of positive cases and related deaths has been very limited over the last few months, even though most containment measures have been progressively loosened. Despite some progress...

The Central African Republic (C.A.R.) is a fragile state with an unstable security environment and widespread poverty. Macroeconomic conditions have stabilized following the 2013 crisis: growth has resumed, inflation has declined, domestic revenues have recovered, and debt ratios have decreased....

The economy of the Central African Republic (C.A.R.), a fragile state, is recovering gradually. Following the 2013 crisis, macroeconomic conditions have stabilized: growth has resumed, inflation has declined, domestic revenues have recovered, and debt ratios have decreased. The outlook, however,...

This paper discusses Central African Republic's (CAR) Request for a Three-Year Arrangement Under the Extended Credit Facility. Consistent with the IMF's Country Engagement Strategy, the IMF-supported program is expected to support the implementation of the peace agreement and of CAR's...

Recent performance suggests further economic stabilization in the Central African Republic, but uncertainties remain related to the general elections. The fiscal program aims at supporting domestic demand, financing the peace process and the elections, and mobilizing more revenue. Structural...