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.

Saved in:
Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, 2019.
©2019
Description:1 online resource (71 pages)
Language:English
Series:IMF Country Report ; No. 19/383
IMF country report ; no. 19/383.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13513881
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:1513523996
1513524283
9781513523996
9781513524283
Notes:Online resource; title from PDF title page (IMF, viewed October 5, 2020).
Summary: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 consolidation has been tilted towards cuts in public investment. This, together with a lack of significant progress in structural reforms, has weighed on growth which remains too low. The outlook for 2019 and beyond foresees further improvement in regional reserves assuming CEMAC countries remain committed to their program objectives and new programs with CAR and Equatorial Guinea could start around end-2019. This outlook is subject to potentially significant risks, including: a significant slowdown in global growth and associated decline in oil prices; a deterioration in the security situation in some countries; and weaker implementation of IMF-supported programs.
Other form:Print version: 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. Washington, D.C. : International Monetary Fund, 2019 9781513523996
Standard no.:10.5089/9781513523996.002

MARC

LEADER 00000cam a2200000Ma 4500
001 13513881
006 m o d
007 cr |||||||||||
008 020129t20192019dcu o i000 0 eng d
005 20240822202949.1
035 |a (OCoLC)1140056746 
035 9 |a (OCLCCM-CC)1140056746 
040 |a CUY  |b eng  |c CUY  |d OCLCO  |d OCLCQ  |d N$T  |d CUS  |d OCL  |d OCLCO 
020 |a 1513523996 
020 |a 1513524283  |q (electronic bk.) 
020 |a 9781513523996 
020 |a 9781513524283  |q (electronic bk.) 
024 7 |a 10.5089/9781513523996.002  |2 doi 
050 4 |a HG1359 
049 |a MAIN 
245 0 0 |a Central African Economic and Monetary Community (CEMAC) :  |b staff report on the common policies in support of member countries reform programs-press release, staff report, and statement by the Executive Director. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
264 4 |c ©2019 
300 |a 1 online resource (71 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Country Report ;  |v No. 19/383 
520 3 |a 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 consolidation has been tilted towards cuts in public investment. This, together with a lack of significant progress in structural reforms, has weighed on growth which remains too low. The outlook for 2019 and beyond foresees further improvement in regional reserves assuming CEMAC countries remain committed to their program objectives and new programs with CAR and Equatorial Guinea could start around end-2019. This outlook is subject to potentially significant risks, including: a significant slowdown in global growth and associated decline in oil prices; a deterioration in the security situation in some countries; and weaker implementation of IMF-supported programs. 
588 0 |a Online resource; title from PDF title page (IMF, viewed October 5, 2020). 
610 2 0 |a Communauté économique et monétaire de l'Afrique centrale.  |0 http://id.loc.gov/authorities/names/no99014716 
610 2 7 |a Communauté économique et monétaire de l'Afrique centrale.  |2 fast  |0 (OCoLC)fst00745744 
650 0 |a Monetary policy  |z Africa, Central. 
651 0 |a Africa, Central  |x Economic conditions.  |0 http://id.loc.gov/authorities/subjects/sh85001581 
651 6 |a Afrique centrale  |x Conditions économiques. 
650 7 |a Monetary policy.  |2 fast  |0 (OCoLC)fst01025230 
650 7 |a Economic history.  |2 fast  |0 (OCoLC)fst00901974 
651 7 |a Central Africa.  |2 fast  |0 (OCoLC)fst01239510 
650 7 |a Banks.  |2 imf 
650 7 |a Environmental Accounts.  |2 imf 
650 7 |a Measurement and Data on National Income and Product Accounts and Wealth.  |2 imf 
650 7 |a Monetary Policy (Targets, Instruments, and Effects)  |2 imf 
650 7 |a Other Depository Institutions.  |2 imf 
655 4 |a Electronic books. 
710 2 |a International Monetary Fund,  |e issuing body.  |0 http://id.loc.gov/authorities/names/n81052755 
776 0 8 |i Print version:  |t 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.  |d Washington, D.C. : International Monetary Fund, 2019  |z 9781513523996 
830 0 |a IMF country report ;  |v no. 19/383.  |0 http://id.loc.gov/authorities/names/no2001029774 
856 4 0 |u http://elibrary.imf.org/view/journals/002/2019/383/002.2019.issue-383-en.xml  |y INTERNATIONAL MONETARY FUND 
929 |a oclccm 
999 f f |i 36f8e146-0841-405f-9c50-793acb2c5753  |s 9b267e0e-2b79-4fe5-aaf6-cd18ec7a8790 
928 |t Library of Congress classification  |a HG1359  |l Online  |c UC-FullText  |u http://elibrary.imf.org/view/journals/002/2019/383/002.2019.issue-383-en.xml  |z INTERNATIONAL MONETARY FUND  |g ebooks  |i 13656700