International Monetary Fund

IMF advises Beac to stop financing BDEAC

According to the International Monetary Fund (IMF), it is not the responsibility of a central bank to ensure the financing of a development bank. Therefore, the Bretton Woods institution in a press release issued on 18 December 2019 recommended that the Bank of Central African States (Beac), avoid ...

INTERNATIONAL MONETARY FUND - IMF

fr. Fonds Monétaire International-IMF; engl. International Monetary Fund-IMF; sp. Fondo Monetario Internacional-FMI; ted. Internationaler Währungsfonds-IWF. Multilateral financial organisation, with headquarters in Washington and a European headquarters in Paris, uniting 187 countries. It grants credit and technical assistance but is neither an international bank nor a ...