World Bank calls for urgent public finance reforms in Central African Republic

On July 2, 2026, the World Bank released a report titled 'Strengthening the Transparency, Sustainability and Efficiency of the Public Sector,' urging the Central African Republic (CAR) to implement structural reforms in public finance to consolidate macroeconomic stability and support human development. The report highlights that domestic revenue mobilization remains below 10% of GDP, with the wage bill absorbing up to 73% of public resources, severely limiting the state's investment capacity. The World Bank recommends five key priorities: strengthening domestic revenue mobilization, improving cash and debt management, increasing transparency and accountability, redirecting spending towards priority social sectors, and strengthening international assistance coordination. Implementing these reforms is essential for CAR to reduce dependence on external aid and create conditions conducive to inclusive and sustainable growth.