01816cas a2200241 a 4500 AALejournalIMF017073 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475535464 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Central African Economic and Monetary Community : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (62 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 Selected Issues paper assesses the appropriate level of international reserves for the Economic and Monetary Community of Central Africa. The management of the regional central bank's (BEAC's) international reserves is governed by monetary cooperation agreements with France. In view of current risks, it is suggested that the BEAC should define its target level of international reserves. The BEAC should have a framework that reflects fairly each member state's contribution to the pooled reserves. The enforcement of the surrender requirement should be based on a finding of noncompliance even if the target level is achieved. The institutional framework for reserve management should also provide for the achievement of the target level. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/290 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/290/002.2016.issue-290-en.xml IMF e-Library