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Central Africa Growth Hindered by Vast Corruption

A visiting joint International Monetary Fund/World Bank delegation says high levels of corruption have left the populations of Chad, Equatorial Guinea, Cameroon and Gabon out of the benefits of their nations’ huge petroleum resources. Economic growth in the six-nation Central African Economic and  monetary community, CEMAC, has stagnated at 2.2 percent this year, 50 percent less than the 4.4 percent forecast made by the regional Bank of Central African States.     A...

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