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Regional growth weakened in 2013 due to a fall in oil production in most countries. GDP growth is expected to pick-up in 2014 due to the recovery of oil production and the continuation of the implementation of public investment plans in most of CEMAC countries. Despite large spending of oil wealth during the last years, poverty, income inequality and unemployment remain high. The business climate is one of the most challenging in Africa. The region’s most pressing challenge is to implement structural reforms to promote sustainable and inclusive growth while adopting macro policies to preserve financial stability, ensure an efficient use of oil revenues and increase resilience to shocks.

Africa, Central -- Economic conditions. --- Communauté économique et monétaire de l''Afrique centrale. --- Economic development. --- International Monetary Fund. --- Monetary policy -- Africa, Central. --- Business & Economics --- Economic History --- Banks and Banking --- Exports and Imports --- Finance: General --- Macroeconomics --- Public Finance --- Fiscal Policy --- Debt --- Debt Management --- Sovereign Debt --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- International Investment --- Long-term Capital Movements --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- International economics --- Banking --- Finance --- Financial services law & regulation --- Fiscal stance --- Public debt --- Foreign assets --- Public investment spending --- Fiscal policy --- Public financial management (PFM) --- External position --- Expenditure --- Debts, Public --- Banks and banking --- Financial services industry --- Investments, Foreign --- Finance, Public --- Central African Republic