02146cas a2200253 a 4500 AALejournalIMF022694 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400209529 2790-4458 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Central African Republic: First Review Under the Staff-Monitored Program. French Central African Republic : First Review Under the Staff-Monitored Program. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (55 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 fragile security environment has improved following the attempt by armed groups to seize power at the turn of the year 2021. The reopening of the Douala-Bangui corridor reinvigorated activity and curbed inflationary pressures. The third Covid-19 wave is receding, but vaccination has been slow. President Touadera has launched the Republican dialogue peace initiative alongside the Luanda Road Map spearheaded by neighboring countries. The surrender of a key rebel leader to the International Criminal Court represents a key step in the peace process. Donors have delayed disbursing budget support pending greater transparency in the government's security-related spending. This poses substantial fiscal and social risks given the heavy reliance on budget support. The sharp deterioration in terms of trade, reflecting food and fuel price shocks, compounded by geo-political spillovers, will exacerbate existing vulnerabilities and further erode policy space. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2022/125 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=2790-4458&volume=2022&issue=125 IMF e-Library