02085cas a2200241 a 4500 AALejournalIMF018988 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484392744 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Central African Republic : 2018 Article IV Consultation, Fifth Review under the Extended Credit Facility Arrangement, and Financing Assurances Review. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (105 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 The Central African Republic (C.A.R.) is a fragile state with an unstable security environment and widespread poverty. Macroeconomic conditions have stabilized following the 2013 crisis: growth has resumed, inflation has declined, domestic revenues have recovered, and debt ratios have decreased. The government's economic strategy is supported by an arrangement under the Extended Credit Facility (ECF)-launched in July 2016-with total access of SDR 133.68 million (120 percent of quota). Program performance has been satisfactory. All end-June 2018 quantitative and continuous performance criteria were met. Discussions focused on the 2019 budget, policy responses to a higher global oil price, and reforms to improve public financial management and governance. The program is supported by union-level efforts to maintain an appropriate monetary policy stance, build up regional reserves, and promote financial sector stability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/380 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/380/002.2018.issue-380-en.xml IMF e-Library