The Central African Economic and Monetary Community trimmed its growth forecast for 2012 to 5.7 percent from 6 percent, Bank of Central African States Governor Lucas Abaga Nchama said.
Inflation in six-nation community is expected to accelerate to 2.8 percent from 2.2 percent, Nchama told reporters yesterday in the Cameroonian capital, Yaounde, after the bank’s Monetary Policy Committee held its first meeting of the year.
Cemac, as the community is known, groups Cameroon, Central African Republic, Chad, Congo Republic, Equatorial Guinea and Gabon.
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