Central African Republic - Economic Reform Support Programme (PARE)

The present intervention is related to the Economic Reform Support Programme (PARE). It was conceived because for almost ten years, the Central African Republic (CAR) experienced recurring politico-military conflicts that had a devastating effect on the country's socio-economic situation and contributed to: (i) loss of life and displacement of populations; (ii) the destruction of social and economic infrastructures; and (iii) the deterioration of socio-economic indicators. The PARE aims to support the implementation of the reforms contained in the Framework Document for Economic and Social Policy (DCPES) and thus contribute to the Government's efforts to improve the governance and efficiency of the State, to revive the economy of the CAR and lay the foundation for sustained economic growth. It should also support the anti-poverty strategy. The program is structured around two components: (i) improving and strengthening public financial management and; ii) strengthening good governance.