According to Mr. Tolli, who was speaking at the opening of the BEAC Monetary and Financial Committee meeting in Bangui on Tuesday, CAR’s economic outlook is promising as it is in line with improving the consolidation of the banking sector.
While welcoming the existence of economic potential to boost the country’s economic growth, he called on the authorities to work towards the consolidation of peace and stability.
The Central African economy, which, according to the BEAC, has been growing at around 4 percent since last year, is largely supported by the Breton-Wood institutions (World Bank and International Monetary Fund), which determine its main lines of action.
In addition to the Governor of the BEAC, the meeting of the Monetary and Financial Committee was attended by the Central African Minister of Finance and President of the ceremony, Henri Marie Dondra, his colleague from the Economy, Felix Moloua, and several executives from the banking and economic world of the country.
The meeting of the Monetary and Financial Committee was followed by the National Credit Council, two meetings organised quarterly by BEAC to assess the economic health of each of the six member countries: Cameroon, Congo, Gabon, Equatorial Guinea, Chad and CAR.