Central Africans are worried about the state’s finances

People in the Central African Republic’s government are having a hard time paying their bills, says the economy minister in a statement sent to AFP.

In Ndoba’s words: “The state’s treasury is going to be very worried about this.”

Ndoba said that the future looks very shaky for the country’s public finances and the country’s economy.

The Central African Republic, a country with about 5.5 million people, has been in some kind of civil war since 2013. The intensity of the war has dropped a lot since 2018.

In June 2021, France, a country that used to be a colonial power, said it would stop giving money to the Central African Republic, which it said was “complicit” in an anti-French campaign led by Russia.

In December 2020, Russia sent hundreds of paramilitaries to help President Faustin Archange Touadéra’s army fight off a rebel attack on the capital, Bangui.

There are a lot of people who think that they are “mercenaries” from the private security group Wagner, and that the Central African government has put the country under the control of this Russian group in exchange for its military help.

A statement from the Economy Ministry says that “in the absence of external financing, the state is no longer able to carry out the initial budget in full.” It also says that some ministries have had their budgets cut by 40% to 60%.

Source Africanews
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