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Central African Economic and Monetary Community: Common Policies in Support of Member Countries Reform Programs

Central African Economic and Monetary Community: Common Policies in Support of Member Countries Reform Programs
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IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies

Date Time
IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies
The economic shock associated with the COVID-19 pandemic led to a sharp deterioration of fiscal and external balances in 2020 and is set to have long lasting effects on the regional economic outlook, with fiscal and external adjustments slower than previously anticipated.
Reforms to support a more diversified and inclusive growth, including by improving governance and the business climate, are critical to external sustainability and should gain momentum.
Washington, DC: On January 12, 2021, the IMF Executive Board concluded the annual discussions with the Central African Economic and Monetary Community (CEMAC) on Common Policies of Member Countries and Common Policies in Support of Member Countries Reform Programs [1] . ....

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Automobile Dependency: An Unequal Burden

Automobile Dependency: An Unequal Burden
Automobile-dependent planning has changed automobiles from a luxury into a necessity. Excessive vehicle costs leave many households without money to purchase essential food, shelter and healthcare. They need more affordable transportation options.
Todd Litman | December 15, 2020, 5am PST
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Vic Hinterlang
Entertainer Will Rogers once noted that, The United States is the only country ever to go to the poorhouse in an automobile. This has become tragically true for many low- and moderate-income families.
For example, thousands of automobiles regularly line up to receive food bank packages, as illustrated in the photo above.
These are mostly nice SUVs, light trucks and vans, the types of vehicles owned by responsible families living in automobile-dependent communities. Automobile food bank lines are, to a large degree, a self-fulfilling prophesy: Because residents must drive everywhere, they have high tr ....

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