Central African Republic : Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document

1CAFEA2008003 Image
Price:  $18.00

Release Date: © January, 2008
ISBN : 978-1-45180-668-7
Stock #: 1CAFEA2008003
English
Stock Status: On back-order

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Description

This paper presents an assessment of the Central African Republic’s (C.A.R) qualifications for assistance under the Enhanced HIPC Initiative. Stronger policy implementation has helped the economic growth of the C.A.R. under the Poverty Reduction and Growth Facility (PRGF) arrangement. Directors stressed the need for fiscal consolidation supported by policies and implementation of more structural reforms to meet the challenges. A sensitivity analysis of the C.A.R.’s projected external debt burden highlights the need for economic reforms to diversify and enhance export performance and for sustained foreign assistance on favorable terms to avoid the risk of renewed debt distress.

Taxonomy

Economic policy , Fiscal policy , Political economy , Poverty Reduction and Development , Social indicators , Transparency




More publications in this series: IMF Staff Country Reports