Central African Republic Location : Central Africa, north of Democratic Republic of the Congo Capital City : Bangui Curreny : Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States Languages Spoken : French (official), Sangho (lingua franca and national language), tribal languages Climate : tropical; hot, dry winters; mild to hot, wet summers National Holiday : Republic Day, 1 December (1958) Background Information The former French colony of Ubangi-Shari became the Central African Republic upon independence in 1960. After three tumultuous decades of misrule - mostly by military governments - a civilian government was installed in 1993. Geographical Note landlocked; almost the precise center of Africa Economy Subsistence agriculture, together with forestry, remains the backbone of the economy of the Central African Republic (CAR), with more than 70% of the population living in outlying areas. The agricultural sector generates half of GDP. Timber has accounted for about 16% of export earnings and the diamond industry for 54%. Important constraints to economic development include the CAR's landlocked position, a poor transportation system, a largely unskilled work force, and a legacy of misdirected macroeconomic policies. The 50% devaluation of the currencies of 14 Francophone African nations on 12 January 1994 had mixed effects on the CAR's economy. Diamond, timber, coffee, and cotton exports increased, leading an estimated rise of GDP of 7% in 1994 and nearly 5% in 1995. Military rebellions and social unrest in 1996 were accompanied by widespread destruction of property and a drop in GDP of 2%. The IMF approved an Extended Structure Adjustment Facility in 1998 and the World Bank extended further credits in 1999 and approved a $10 million loan in early 2001. As of January 2002, many civil servants were owed as much as 16 months pay during the PATASSE administration, as well as 14 months pay from the KOLINGBA administration. Religions indigenous beliefs 35%, Protestant 25%, Roman Catholic 25%, Muslim 15% note: animistic beliefs and practices strongly influence the Christian majority Ports : Bangui, Nola, Salo, Nzinga International Disputes - Risks to travellers : none
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Central African Republic
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