(Ecofin Agency) - Economic growth in the Central African Republic is forecasted to reach 4.7% this year, the Bank of Central African States (Beac) reports. This figure is higher compared to the 3.8% last year but down compared to the 5% forecasted by the IMF for the year.

Such a growth is going to be achieved, Beac says, through good performances in the infrastructure sector, construction especially, and the improvement of budget surplus (2.8% this year against 0.4% in 2018). Moreover, Beac forecasts inflation to increase to 3% against 1.7% in 2018, and money supply growth to reach 9.5%, from 15.3% in 2018.

Moutiou Adjibi Nourou