PUBLIC administration, INTERNATIONAL economic assistance, INVESTMENTS, NONPROFIT organizations, ECONOMIC development, GOVERNMENT agencies
Abstract
Reports on the economic assistance provided by government agency for African country. Announcement of Dutch government to support the newly elected government in Burundi; Plan of the French Development Agency to boost private and public sector investment in Cameroon; Aid of four million from France as support for the ongoing recovery process in public finances and good governance in Central African Republic.
ECONOMIC development, ECONOMIC recovery, ECONOMIC forecasting, ECONOMIC history
Abstract
The article reports on the economic condition of Central African Republic. After several years of conflict, the country has returned to economic growth, with a rate of 3.7% in 2006, compared to an annual average of 0.6% from 1998 to 2005. Its economic recovery process is anticipated to continue in 2007 and 2008 with the implementation of macroeconomic and structural reforms.
FINANCIAL crises, ECONOMIC development, INTERNATIONAL economic assistance
Abstract
Focuses on the views of Finance Minister Theodore Dabanga that the economy would go through a financial crises due to the fall of treasury revenue in the Central African Republic. Claim of Dabanga that country relies on taxation and custom duties to keep its economy afloat; Importance of the country to correct discrepancies arising from the wage bill and low revenues in order to avail economic assistance from the International Monetary Fund, World Bank, and the African Development Bank; Insights on the support given by the European Union on the regime of President Francois Bozize.
Published
2005
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