The Banking Commission of the Central African Republic published a communiqué from the March 17 meeting in Paris of CEMAC finance ministers, central bank governors and institutional leaders with France, which centered on partnerships and reforms for economic stability and sustainable growth in the region. The main outcome was a renewed commitment by CEMAC states to continue reforms aimed at strengthening growth, preserving financial stability and reinforcing macroeconomic resilience, while fully implementing the recommendations adopted at the extraordinary CEMAC heads of state summit in Brazzaville on January 22, 2026. A central point was the commitment by CEMAC states to take the steps needed to complete the International Monetary Fund review of CEMAC common policies, which the communiqué says currently conditions the continuation and launch of IMF-supported national programs in the subregion. States also committed to work collectively and individually on implementing existing IMF-backed national programs and concluding new ones to support public finance sustainability and rebuild CEMAC foreign exchange reserves. The communiqué also stressed structural reforms to improve the business climate for private investment, accelerate regional economic integration and strengthen essential infrastructure. In the financial sector, participants committed to continue strengthening and cleaning up the banking sector to increase financing for private projects and initiatives, while France reiterated support for CEMAC macroeconomic and financial stability and said it would continue to assist in relations with technical and financial partners, including the IMF. Participants agreed to continue holding these meetings regularly, with the next meeting planned for 2027 in a CEMAC country.
Banking Commission of the Central African Republic2026-03-23
Banking Commission of the Central African Republic publishes CEMAC France communiqué reaffirming IMF linked reforms and banking sector cleanup
The Banking Commission of the Central African Republic published a communiqué from a CEMAC-France meeting that reaffirmed commitments to IMF-linked policy reforms, implementation of the January 2026 CEMAC summit recommendations and continued execution of national IMF-supported programs. The communiqué also highlighted structural reforms to improve the investment climate and a continued effort to strengthen and clean up the banking sector to expand financing for private projects. The next meeting is planned for 2027 in a CEMAC country.