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The CEMAC zone expects growth of approximately 6% this year

posted by www.equatorialguineaonline.com – March 18th, 2012

This is the conclusion of the meeting that the Governor of the Bank of Central African States (BEAC), Lucas Abaga Nchama, had with the Monetary and Financial Committee of the Central African Republic.

 

16/03/2012

The Committee recognized that, in the countries of the Economic and Monetary Community of Central African States (CEMAC), the real GDP growth of 2011 is reaffirmed at 4.8% compared to 3.9% in 2010. By 2012, they expect an improvement in economic activity, with a growth rate of 6%, thanks mainly to the dynamism of the oil sector and to the structural projects.

The Committee, at its last regular session of March 2, in addition to approving the minutes of the meeting of November 2, 2011, also reviewed recent developments in the international economic environment up to January 31, 2012.

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