All posts in the 'IMF' category

Representatives of 11 European governments and the United States announced on September 15 to forgive USD 55.6 million of a total of USD 59.3 million owed by the Central African Republic to these countries from loans given since 1983. The cancelation marks an important step towards improving the CAR government’s standing among creditor countries and investors, and follows shortly after it reached its completion point under the ‘enhanced initiative for Heavily Indebted Poor Countries’ (HIPC) in June 2009. Continue Reading »

Highlights

  • Tripartite ministerial meeting (Cameroon, Central African Republic and Chad) on cross-border insecurity in Yaoundé on 20 June
  • IMF to give FCFA 5.8 billion in financial support to CAR
  • Access to health restored in Ndélé
  • Support to agriculture and infrastructure north of Paoua

Background and security

Cross-border insecurity on the agenda
A ministerial meeting on cross-border insecurity, jointly organized by the Governments of Cameroon, CAR and Chad was held on 20 June in Yaoundé, Cameroon. Continue Reading »