01671cas a2200241 a 4500 AALejournalIMF002814 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451806502 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Central African Economic and Monetary Community : Recent Developments and Regional Policy Issues. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (74 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and needs strengthening, notably through the adoption of a fiscal rule and the elimination of bank financing of fiscal deficits. Continued efforts by the banking regulator are needed to strengthen the banking sector. There is a need to accelerate structural reforms, strengthen basic infrastructure, and adopt common sectoral policies aimed at diversifying the regional economy. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/398 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/398/002.2003.issue-398-en.xml IMF e-Library