Central African Economic and Monetary Community (CEMAC) : common policies of member countries; press release; staff report; and statement by the Executive Director.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, [2016]
©2016
Description:1 online resource (61 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 16/277
IMF country report ; no. 16/277.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/14153679
Hidden Bibliographic Details
Varying Form of Title:Common policies of member countries; press release; staff report; and statement by the Executive Director
Other authors / contributors:International Monetary Fund, publisher.
ISBN:9781475529685
1475529686
ISSN:1934-7685
Notes:"August 2016."
Includes bibliographical references.
Description based on online resource; title from pdf title page (IMF.org website, viewed September 26, 2016).
Summary:CEMAC is buffeted by the oil-price shock. The outlook has deteriorated, as members continue to suffer from the shock. Regional and national authorities have yet to take appropriate measures to address the economic downturn, whilst continuing to face substantial capacity constraints. Although the banking sector has weathered the downturn so far, government payment delays could undermine its soundness. Risks are significant: a weaker-than-expected oil price recovery or deteriorating security conditions could jeopardize macroeconomic stability.
Other form:Print Version: Central African Economic and Monetary Community (CEMAC): Common Policies of Member Countries-Press Release; Staff Report; and Statement by the Executive Director Washington, D.C. : International Monetary Fund,2016 9781475529685
Standard no.:10.5089/9781475529685.002

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