This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Central African Republic and the IMF. Additional information can be found on Central African Republic and IMF country page, including official IMF reports and Executive Board documents in English and French related to Central African Republic.
At a Glance
- Current IMF membership: 190 countries
- Central African Republic joined the Fund in July 10, 1963.
- Total Quotas: SDR 111.4 Million
- Loans Outstanding: PRGF Arrangements SDR 143.16 Million
- Last Article IV Consultation : The 2018 Article IV consultation staff report was discussed bythe Executive Board on December 19, 2018. The Executive Board also completedthe fifth review under the Extended Credit Facility (ECF) arrangement.
Office Activities
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Joined Press Conference Following the Conclusion of the ECF Sixth Review Mission (français)
On May 3, 2019 the Minister of Finance and the IMF team organized a press conference following the conclusion of the ECF 6th review mission (video in French).
May 16, 2019
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H. E. President Touadera meets with IMF Managing Director Madame Lagarde
C.A.R. medias report on President Touadera’ April 2019 visit to Washington DC during which he met the IMF Managing Director Madame Lagarde (in French).
April 30, 2019
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Participation at a Session of the Economic and Social Council (Conseil Economique et Social)
On February 5, the IMF Resident Representative was invited to moderate a session of the Social and Economic Council and presented the role of the Fund and status of implementation of the ECF supported program in C.A.R.
February 28, 2019
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Governmental Seminar on C.A.R. Macroeconomic Situation
The IMF C.A.R. office jointly with the Ministry of Finance organized a governmental seminar on the macroeconomic situation on C.A.R. and prospects. The seminar was attended by twelve ministers. The IMF team presented the conclusions on the main Article IV consultation themes on revenue mobilization, good governance, the business environment, and gender equality.
November 30, 2018
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Presentation of the October 2018 REO (in French)
The October 2018 issue of the Sub-Saharan Regional Economic Outlook was presented to Students of the University of Bangui on November 27, 2018. The presentation was followed by a series of questions & answers on the situation in the CEMAC region and Central African Republic.
October 31, 2018
Central African Republic and the IMF
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IMF Staff Concludes Visit to Central African Republic
July 24, 2024
The Central African Republic (CAR) continues to implement public finance management and governance reforms, despite the particularly difficult socio-economic context and significant financing needs.
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June 28, 2024
Series:Country Report No. 2024/198
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June 24, 2024
The IMF Executive Board today completed the second review under the Extended Credit Facility Arrangement for the Central African Republic (CAR). The completion of the second review allows for an immediate disbursement of SDR 18.60 million (about US$25 million) to the CAR to address its protracted balance of payments needs and sustaining priority spending on basic public services.
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May 31, 2024
Series:Country Report No. 2024/144
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IMF Executive Board Concludes 2024 Article IV Consultation with Gabon
May 28, 2024
On May 24, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Gabon.
Regional Economic Outlook
April 19, 2024
After four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF