Faustin-Archange Touadéra negotiates SMP with IMF to resume discussions over the ECF
During the latest exchanges between the donor and the Central African Republic (CAR), the topic was establishing a structural reform program to improve the country’s tax revenues.
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▪ Faustin-Archange Touadéra negotiates SMP with IMF to resume discussions over the ECF
▪ During the latest exchanges between the donor and the Central African Republic (CAR), the topic was establishing a structural reform program to improve the country’s tax revenues.
▪ https://www.africabusinessplus.com/en/807981/faustin-archange-touadera-negotiates-a-reference-program-with-the-imf-to-resume-discussions-over-the-ecf/
In the immediate term, the negotiations called for the establishment of a “staff-monitored program (SMP)” or reference program which will allow the resumption of discussions between the country and the IMF over the “Extended Credit Facility” (ECF).
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