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CEMAC: Governor of BEAC in Bangui to report on activities

BEAC Governor Abbas Mahamat Tolli visited the Central African capital on August 16, 2023, to report on the activities of his institution to the Central African President, who is also the current President of CEMAC.

Between President Faustin Archange Touadéra and the Governor of the Bank of Central African States (BEAC), several subjects were discussed, reports the Central African press. According to the same source, the president of the sub-regional banking institution went to report on the activities carried out by the BEAC. At the end of the meeting, Abbas Mahamat Tolli, declared that despite the consequences of the war in Ukraine and the inflations against which no economy of the planet was spared, the monetary zone of the BEAC nevertheless remained solid. This situation is marked by positive growth and monetary stability. Which stability also concerns the banking system of the BEAC countries which remain solid and which have a significant evolution with the establishment of the legal and legal framework of Islamic financial activities. The two personalities also reviewed the prospects and the reforms that are being carried out within the Central Bank.

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