Africa Financial Sector Responses to COVID-19 - Central African Republic

Jan 01, 2010

As an active actor committed to the AFS development and resilience, Making Finance Work for Africa (MFW4A) has implemented a number of recent initiatives to strengthen the resilience of the African financial sector.

In addition to its webinars series and discussions aimed at identifying the sector's difficulties and solutions, a portal dedicated to national and domestic responses to the impact of COVID-19 on the regional financial sector has been set up. Indeed, the exercise consists in collecting and classifying by country or region the measures taken by governments, central banks and DFIS in favor of the resilience of the AFS vis-à-vis the financial impact of the pandemic. 

This page presents measures and initiatives by the Centrafrican government, national central bank and Development Finance Institutions (DFIs) in favor of the resilience of the domestic financial sector facing the effects of the COVID-19 pandemic.

Thematic

Institution

Initiative title

Financing volume

Publication date

Description

Instrument

Financial inclusion

FMI

N/A

USD 38 millions

20/04/2020

Pour répondre aux besoins urgents de la balance des paiements, le FMI a approuvé une aide d'urgence de 38 millions de dollars EU. La pandémie pourrait avoir un impact économique et social considérable sur la République centrafricaine. Les autorités ont agi rapidement en préparant, en collaboration avec l'OMS, un plan de réponse pour renforcer le système national de santé.

 Facilité rapide de crédit

https://www.imf.org/en/News/Articles/2020/04/20/pr20175-central-afican-republic-imf-executive-board-approves-disbursement-to-address-covid-19