Central African Economic and Monetary Community: Staff Report on Common Policies of Member Countries;
Volume/Issue:
Volume 2006
Issue 317
Publication date: August 2006
ISBN: 9781451951684
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| Paperback | ePub | Mobi | ||
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Business and Economics , Banks and Banking , Exports and Imports , Finance , Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , staff appraisal , remuneration of government deposit , CEMAC authorities , CEMAC country , basis point increase , Financial Sector Assessment Program , Real effective exchange rates , Exports , Fiscal stance , Monetary base , Central Africa
Summary
Macroeconomic developments benefited from oil windfalls, but structural problems still impede non-oil growth. Fiscal and external balances improved in the Central African Economic and Monetary Community (CEMAC) because of the surge in oil prices and better fiscal management. Oil-related reserve inflows also helped accelerate regional broad money, leading to somewhat higher inflation and a small further appreciation of the real effective exchange rate (REER). Macroeconomic prospects for 2006 are positive, despite persistent structural challenges. Higher oil income offers CEMAC members economic opportunities but also challenges.
Copyright © 2010 - 2026
Powered by:
AIDC