Aftermath of the CFA Franc Devaluation
( Occasional Papers )
Publication series ： Occasional Papers
Author： Mr. Stéphane Cossé Mr. Johannes Mueller Mr. Jean Le Dem Mr. Jean A. P. Clément
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 1996
E-ISBN: 9781452797434
P-ISBN(Paperback): 9781557755612
Subject： F0 Economics;F8 Finances
Language： ENG
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Description
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.