Central African Republic
The former French colony of Ubangi-Shari became the Central African Republic upon independence in 1960. After three tumultuous decades of misrule - mostly by military governments - civilian rule was established in 1993 and lasted for one decade. President Ange-Felix PATASSE's civilian government was plagued by unrest, and in March 2003 he was deposed in a military coup led by General Francois BOZIZE, who established a transitional government. Though the government has the tacit support of civil society groups and the main parties, a wide field of candidates contested the municipal, legislative, and presidential elections held in March and May of 2005 in which General BOZIZE was affirmed as president. The government still does not fully control the countryside, where pockets of lawlessness persist. Unrest in the neighboring nations of Chad, Sudan, and the DRC continues to affect stability in the Central African Republic as well.[1]
Economical characteristics
- Currency: Central African CFA franc (ISO code: XAF)
- Central bank discount rate: 4.75% (31 December 2008)[1]
- Commercial banks lending rate: NA% (31 December 2008)[1]
- Stock of money (M1): $241.3 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $51.65 million (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[2] | 1 051 | 959 | 968 | 1 042 | 1 139 | 1 270 | 1 350 | 1 477 | 1 712 | 1 988 |
| Govt. debt (% of GDP)[3] | ||||||||||
| Govt. revenue (% of GDP)[4] | 8.317 | |||||||||
| Govt. expenses (% of GDP)[5] | 9.665 | |||||||||
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid
<ref>tag; no text was provided for refs namedCIA_CF - ↑ World Bank. "Central African Republic: GDP", from World Bank Data. Referenced 2010-10-01.
- ↑ World Bank. "Central African Republic: government debt", from World Bank Data. Referenced 2010-10-01.
- ↑ World Bank. "Central African Republic: government revenue", from World Bank Data. Referenced 2010-10-01.
- ↑ World Bank. "Central African Republic: government expenses", from World Bank Data. Referenced 2010-10-01.
External links
- Central African Republic on Wikipedia
- Central bank of Central African Republic
- BBC country profile