Daily Archives: October 6, 2017
- IMF staff team and authorities reached broad agreement on policies which could form the basis for completing the third review.
- Restoration of peace, redeployment of the state, and implementation of reforms will be key to ensure sustainable economic recovery.
- The team encouraged the authorities to intensify revenue mobilization efforts, while reigning in parafiscal taxes which hamper private sector development.
An International Monetary Fund (IMF) team led by Samir Jahjah visited Bangui from September 22 to October 3 to conduct discussions on the third review of the program supported by an Extended Credit Facility (ECF). Mr. Roger Nord, Deputy Director of the IMF’s African Department, joined the team from September 22 to 26. Discussions will continue during the upcoming Annual Meetings of the IMF and the World Bank (WB) from October 13–15.
South Africa successfully concludes its term as Chair of the International Atomic Energy Agency Board of Governors
At the end of September 2017, South Africa concluded its one-year term at the helm of the International Atomic Energy Agency (IAEA) Board of Governors. South Africa’s Permanent Representative to the IAEA, Ambassador Tebogo Seokolo, was elected to serve as Chair of the Board for the period October 2016 to the end of September 2017. South Africa is one of the founding members of the IAEA.