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CAR
IMF Completes Sixth Review Under the Central African Republic’s ECF Arrangement and Approves US$13.1 Million Disbursement
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Press Release No. 10/318
August 25, 2010 -- The Executive Board of the International Monetary Fund (IMF) approved today the sixth review of the Central African Republic (C.A.R.)’s performance under a program supported by the Extended Credit Facility1. The approval will enable the disbursement of an amount equivalent to SDR 8.67 million (about US$13.1 million), bringing total disbursements under the program to an amount equivalent to SDR 69.62 million (about US$104.9 million).
Lack of funds may force UN agency to cut food aid in Central African Republic
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24 August 2010 – The United Nations World Food Programme (WFP) warned today that it may have to cut its feeding programme in the Central African Republic (CAR), where tens of thousands risk becoming malnourished unless new funding is secured.
The agency is facing a $15 million shortfall over the next eight months to provide food assistance to some 600,000 people mainly in the conflict-affected northern part of the country.
WFP provides assistance in the eastern regions to 9,100 refugees from Sudan and the Democratic Republic of the Congo (DRC) and 14,000 people forced to flee from their homes due to attacks by the Ugandan rebel Lord’s Resistance Army (LRA). In addition, there has been an influx of 17,500 Congolese refugees into the southern Lobaye region since 2009.
Central African Republic: protection of displaced vital to peace
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16 July 2010 – The protection of 200,000 internally displaced people (IDPs) is an integral element of the peace-building process in the Central African Republic (CAR), a United Nations human rights expert said today following a week-long visit to the country.
“Efforts to build sustainable peace will be weakened as long as entire communities remain displaced and in despair,” said Walter Kaelin, the Secretary-General’s Representative on the human rights of IDPs, calling for the return and reintegration of the uprooted.
Also required in finding durable solutions for IDPs is the disarmament, demobilization and reintegration of combatants, he stressed.
During his visit, Mr. Kaelin visited northern CAR, which has been heavily affected by displacement.
UN allocates $41 million to boost aid operations in nine under-funded crises
16 July 2010 – United Nations Emergency Relief Coordinator John Holmes today allocated some $41 million in emergency funding to boost humanitarian operations in nine countries where people are suffering the effects of hunger, malnutrition, disease, and conflict.
The money from the UN Central Emergency Response Fund (CERF) will help cover funding gaps in key humanitarian projects in Chad, the Democratic Republic of the Congo (DRC), Yemen, the Democratic People’s Republic of Korea (DPRK), Central African Republic (CAR), Djibouti, Eritrea, Republic of Congo and Nepal.
Humanitarian actors in Chad and the DRC received the largest individual portions of some $8 million apiece.
Statement at the Conclusion of an IMF Mission to the Central African Republic
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Press Release No. 10/127
March 31, 2010
An International Monetary Fund (IMF) mission, led by Martin Petri, visited the Central African Republic during March 18–31, 2010 to conduct the sixth and last review of the authorities’ program supported by the Extended Credit Facility (ECF).
Massive refugee influx from DR Congo straining neighbours’ resources
12 January 2010 – A massive influx of 125,000 refugees from the Democratic Republic of the Congo (DRC) into neighbouring Republic of Congo (ROC) and Central African Republic (CAR) after deadly ethnic clashes is severely stretching the meagre resources of the impoverished region, the United Nations refugee agency reported today.
“There is an acute need for formal refugee sites to be established in both CAR and ROC, as the majority of the DRC refugees occupy public buildings and spaces,” UN High Commissioner for Refugees (UNHCR) spokesman Andrej Mahecic told a news briefing in Geneva, warning that the influx could lead to tensions with the local community.
IMF consults with country officials of CAR on economic developments and policies
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Public Information Notice (PIN) No. 10/1
January 4, 2010
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies. With the consent of the country (or countries) concerned, PINs are issued after Executive Board discussions of Article IV consultations with member countries, of its surveillance of developments at the regional level, of post-program monitoring, and of ex post assessments of member countries with longer-term program engagements. PINs are also issued after Executive Board discussions of general policy matters, unless otherwise decided by the Executive Board in a particular case.
Central African Republic faces critical moment in bid to recover from conflicts
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15 December 2009 – International assistance is vital to prevent the Central African Republic (CAR) from falling back into political crisis and potential new fighting as it prepares for elections next year after a decade of violence and conflict between Government and rebel forces, the top United Nations official for the country warned today.
