Central African Economic and Monetary Community (CEMAC)

Staff Report on the Common Policies in Support of Member Countries Reform Programs-Press Release, Staff Report, and Statement by the Executive Director

Central African Economic and Monetary Community (CEMAC)
Tighter macroeconomic and financial policies helped to avert a deeper crisis, and gross external reserves increased more rapidly in recent months, largely exceeding the mid-2019 target. However, reserves are still below the level appropriate for commodityexporting economies (5 months of imports) to absorb terms of trade shocks. Fiscal... READ MORE...

Publication date: December 2019
ISBN 9781513523996
$18.00

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Publication date: December 2019

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