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Central African Economic and Monetary Community (CEMAC)
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ISBN: 147551378X 1475513828 1475516533 1475515790 9781475516531 9781475513783 Year: 2013 Volume: no. 13/322 Publisher: Washington, DC

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Abstract

This paper focuses on common policies for member countries of Central African Economic and Monetary Community (CEMAC). It highlights that the fiscal stance should be more cautious in some countries where policy buffers are insufficient to withstand shocks. The recent easing of monetary policy has been appropriate given the positive inflation outlook. Reserves coverage remains adequate and the real effective exchange rate is broadly in line with fundamentals but the issue of only partial repatriation of foreign exchange reserves by some member states needs be resolved. The fiscal surveillance framework should be revised to limit pro-cyclicality and better ensure long-term fiscal sustainability of oil-rich countries.

Regional Economic Outlook, Fall 2006, Sub-Saharan Africa, Supplement.
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ISBN: 1589065654 1462347142 9786613848055 1451950977 1452707944 1283535602 9781589065659 9781451950977 9781589065925 1589065921 9781589065260 1589065263 1455291242 1452703922 1451978200 9786613849656 1283537206 1455279137 1452701903 1451978235 9786613849786 1283537338 Year: 2006 Publisher: Washington, D.C. : International Monetary Fund,

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Provides a broad synopsis of recent economic developments in the Middle East and Central Asia region, highlighting common trends and policies among countries in the region, and reviewing prospects and policies for the coming year. Includes a statistical appendix.

Keywords

Finance -- Africa, Sub-Saharan. --- Financial institutions -- Africa, Sub-Saharan. --- Financial services industry -- Africa, Sub-Saharan. --- Monetary policy -- Africa, Sub-Saharan. --- Finance --- Financial institutions --- Financial services industry --- Monetary policy --- Business & Economics --- Financial Management & Planning --- -Financial institutions --- -Financial services industry --- -Monetary policy --- -AFR / Africa - Afrika - Afrique --- 333.101 --- 332.096 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Services, Financial --- Service industries --- Financial intermediaries --- Lending institutions --- Associations, institutions, etc. --- Funding --- Funds --- Economics --- Currency question --- Banksysteem en bankstelsel. --- AFR / Africa - Afrika - Afrique --- Banksysteem en bankstelsel --- Economic forecasting --- Economic forecasting. --- Economic history. --- Economic conditions --- History, Economic --- Forecasting --- Economic indicators --- Africa, Sub-Saharan --- Africa, Black --- Africa, Subsaharan --- Africa, Tropical --- Africa South of the Sahara --- Black Africa --- Sub-Sahara Africa --- Sub-Saharan Africa --- Subsahara Africa --- Subsaharan Africa --- Tropical Africa --- Economic conditions. --- Investments: Energy --- Foreign Exchange --- Inflation --- Macroeconomics --- Taxation --- Energy: Demand and Supply --- Prices --- Energy: General --- Business Taxes and Subsidies --- Price Level --- Deflation --- Currency --- Foreign exchange --- Investment & securities --- Public finance & taxation --- International economics --- Exchange rate arrangements --- Oil prices --- Oil --- Conventional peg --- Oil, gas and mining taxes --- Commodities --- Taxes --- Petroleum industry and trade --- International finance --- South Africa --- Banks and Banking --- Public Finance --- Industries: Financial Services --- Finance: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Government Expenditures and Related Policies: General --- Financial Institutions and Services: General --- Financial Institutions and Services: Government Policy and Regulation --- Banking --- Floating exchange rates --- Expenditure --- Financial services --- Financial sector --- Economic sectors --- Fiscal federalism --- Fiscal policy --- Banks and banking --- Expenditures, Public

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