Central African MPC holds first meeting

The Bank of Central African States's monetary policy committee held its first meeting last Friday in Yaounde, the capital of Cameroon.

The 14-strong committee, set up following revisions to the central bank's statute, is headed by Philibert Andzembe, the governor of the central bank. The committee has two members from each of the six member states - Cameroon, the Central African Republic, Chad, Congo, Equatorial Guinea and Gabon - as well as two from the central bank's representative office in

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