Central African Economic and Monetary Community is popular PDF and ePub book, written by International Monetary Fund. African Dept. in 2023-12-21, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Central African Economic and Monetary Community can be Read Online from any device for your convenience.
Central African Economic and Monetary Community Book PDF Summary
The CEMAC’s recovery gained momentum in 2022, supported by higher hydrocarbon prices. The external position strengthened, with a rapid foreign reserve build-up, though still below adequate levels. The recent weakening in external buffers will require more forceful action to tighten liquidity conditions, greater compliance of member countries with foreign exchange regulations and stronger fiscal discipline. Underlying non-oil fiscal positions, however, also deteriorated, stressing the need for accelerating structural reforms, addressing recent fiscal slippages, and bringing polices back in line with Fund-supported program objectives and staff advice. This will be critical to strengthen the region’s resilience to hydrocarbon prices volatility, financial instability, entrenched inflation, tighter financial conditions, food insecurity, domestic conflicts and insecurity, and climate-related events.
Detail Book of Central African Economic and Monetary Community PDF
- Author : International Monetary Fund. African Dept.
- Release : 21 December 2023
- Publisher : International Monetary Fund
- ISBN : 9798400264450
- Genre : Business & Economics
- Total Page : 84 pages
- Language : English
- PDF File Size : 11,9 Mb
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