01897cas a2200241 a 4500 AALejournalIMF015438 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513561851 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Central African Economic and Monetary Community (CEMAC) : Staff Report on Common Policies and Challenges of Member Countries. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (61 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 This paper discusses common policies of the member countries of the Central African Economic and Monetary Community (CEMAC). Medium-term prospects for CEMAC are uncertain. Despite their recent stabilization, oil prices are projected to remain well below pre-shock levels in the medium term. In addition, oil production is projected to start falling after 2017. The Executive Directors have encouraged the authorities to accelerate the reform of the monetary policy framework to improve transmission channels and better manage systemic liquidity. They have also stressed the importance of full compliance with the pooling of foreign exchange earnings with the regional central bank, and called for stepped-up efforts to implement outstanding safeguards recommendations. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/222 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/222/002.2015.issue-222-en.xml IMF e-Library