Despite persistent monetary, financial and security vulnerabilities in certain countries of the sub-region, faced in particular with the terrorist threat, there has been a resumption of activity in the countries of the Economic and Monetary Community of Africa central (CEMAC) according to the 2018 annual report published on January 13, 2020, according to information relayed by Financial Afrik. To illustrate this upturn, the Bank of Central African States (BEAC) emphasizes that real growth fell from 0.6% in 2017 to 1.6% in 2018, the budget deficit fell considerably by 4, 8% of GDP (gross domestic product) to 0.5% of GDP over the same period, and the current account deficit fell from 6.4% of GDP in 2017 to 3.4% of GDP in 2018. By elsewhere, the currency’s external coverage rate improved over the period, increasing from 57.5% at the end of December 2017 to 61.4% at the end of December 2018.
