The IMF team welcomes the progress made in the fight against the Covid-19 pandemic and the preparation of next December’s presidential and legislative elections; the pandemic and the containment measures have had a significant impact on growth, inflation, and public finances; the Central African authorities and the IMF team discussed a set of economic and financial policies necessary for the conclusion of the first and second reviews under the Extended Credit Facility. These discussions will continue over the next few days.
A team from the International Monetary Fund (IMF) led by Édouard Martin carried out a virtual mission from September 28 to October 9, 2020 to lead discussions as part of the first and second reviews of the Central African Republic’s economic reform program supported by the Extended Credit Facility.
At the end of the mission, Mr. Martin made the following statement:
“The IMF team welcomes the progress