IMF's Lagarde in Central African Republic to urge support

2017-01-26 06:00
(File : AFP)

(File : AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Bangui - The managing director of the International Monetary Fund is making her first visit to Central African Republic to encourage the global community to support a country whose infrastructure has been "shattered" by conflict.

Christine Lagarde was in the deeply impoverished nation on Wednesday and later was stopping in Uganda on her African visit.

Central African Republic President Faustin Archange Touadera called for IMF support in mobilizing international donors to assist with the country's challenges in disarming fighters, welcoming back refugees and reviving the economy.

Lagarde pointed to the IMF Executive Board's approval in July of a three-year, $120 million arrangement under its Extended Credit Facility.

She also urged the country to help itself by improving its tax collection, calling it one of the lowest in sub-Saharan Africa.

Read more on:    imf  |  christine lagarde  |  uganda  |  republic  |  central african  |  central africa
NEXT ON NEWS24X

Inside News24

 
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.