Central African Republic

Central African Republic Economic Outlook

  • Growth in 2012 (3.1%) was lower than forecast, and the outlook for 2013 and 2014 has deteriorated and become highly uncertain since the rebel attacks in December 2012, which led to the fall of François Bozizé’s regime.
  • Efforts made in the area of public finance enabled the government to conclude an agreement with the IMF in June 2012 and to re-establish relations with the African Development Bank (AfDB) and the World Bank, which had suspended their budget support in late 2010.
  • Despite having substantial natural resources, the Central African Republic has not yet achieved the structural transformation needed to create strong, sustainable growth and reduce poverty.

Contacts

Bureau National de la République Centrafricaine - Bureau fermé temporairement

Groupe de la Banque africaine de Développement
Rue Joseph Degrain (Stade Municipal)
Sainte Sophie Résidences
BP 324
Bangui, RCA

Mr. Modibo Sangare, Représentant Résident

Department Central Africa Region

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group  
Temporary Relocation Agency (TRA)
15 Avenue du Ghana
P.O.Box 323-1002, Tunis-Belvédère, Tunisia

Phone: (+216) 71102833 / 71102060
Fax: (+216) 71103760





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Key Facts

Flag:
Capital: Bangui
Area: 623,000 sq km
Total Population 2012: 4.6 Million
Urban Population 2012: 39.45%
Female Population 2012: 50.73%
GDP: US$ 2.0 Billion
GNI Per Capita 2012: US$ 470
Inflation Rate: 3.50%
Crude Birth Rate (per 1000): 34.51%
Human Development Index (rank / 187): 180
Human Development Index (scale 0 to 1): 0.352
Membership Date: 25/08/1970
Cumulative Approvals (1967-2012): UA 216.8 Million

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