CAR renews IMF support amid ‘volatile’ security situation

Bangui, capital of the Central African Republic

The Central African Republic (CAR) has renewed its extended credit facility with the International Monetary Fund for a further three years, in the hope the funds will help safeguard the country’s 2019 peace deal.

The IMF’s executive board signed off on an immediate disbursement of $16.4 million, with a total of $115 million on offer over the course of the programme, subject to regular reviews.

“The Central African Republic remains very fragile, with a volatile security environment, limited

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