Central African Economic and Monetary Community (CEMAC): Common Policies of Member Countries and Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director

International Monetary Fund

No 2017/389, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the common policies of the member countries of the Central African Economic and Monetary Community (CEMAC). CEMAC’s medium-term outlook remains challenging. It foresees a gradual improvement in the economic and financial situation in the region, assuming full implementation of policy commitments by CEMAC member states and regional institutions. Policies to diversify the economies by improving the business environment, including through enhanced governance and transparency, would support higher growth in the medium term. The monetary policy stance would be kept tight as needed to support external stability and reserves accumulation.

Keywords: ISCR; CR; CEMAC authorities; policy; FAD CEMAC; sovereign-banks nexus.in CEMAC; authority; f arrangement; member countries reform programs; IMF article; BEAC authorities; Fiscal stance; Credit; Fiscal consolidation; Global; Central Africa (search for similar items in EconPapers)
Pages: 69
Date: 2017-12-19
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