Aftermath of the CFA Franc Devaluation by Stéphane Cossé

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Aftermath of the CFA Franc Devaluation

Developments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers describes the progress made and the difficulties encountered during 1994 and early 1995 in implementing the programs supported by use of IMF resources.

Publisher: International Monetary Fund ISBN: 9781452737874 Pages: 93