BANGUI (LNC) — Deputy Governor of the Bank of Central African States (BEAC), Mahmat Ahmed Tahir Nguilin was on last week in Bangui to review the state of the economy in the country.
On Tuesday, he stated on Radio Centrafrique:
« The CAR’s economy is improving. its GDP rose by 4,9 per cent in 2015, After remaining stable in 2014 by 1%. All sectors of the economy recorded improved performance».
But, there is no concrete signs of such “good news” of economic recovery, and most of all, that was not officially confirmed by the BEAC itself.
With the crisis gripping the country since 2013, the economy has been plunged into a deep recession, thus provoking a drop of more than 28% in GDP in 2014, according to Magloire Lamine from the Observatoire centrafricain économique et social who says:
“If Real GDP of CAR grew by 4.9% in 2015 as Tahir Nguilin said, we would know. This data is nonsense. According to what statistical basis he can make that statement? Knowing that since 2013, it is not possible to provide statistical data on ground, due to insecurity spread all over. Agriculture has been devastated, creating a matter of considerable concern of famine across the country for more than 80% of people; so, despite this, There is, however a positive GDP? It is ridiculous. Unless he took in account international assistances as sources of national enrichment.”
The fact remains that, by some strange coincidence, the day after his announcement on Radio (Wednesday) Mahmat Ahmed Tahir Nguilin was awarded “Commandeur dans l’Ordre de la Reconnaissance de la RCA”, granted by interim President Catherine Samba-Panza; but without reason to justify – unless the decoration rewards his telling “all is well in CAR because the good job done by CSP. (see decree below – & take in note the date of signature, a day before Tahir Nguilin reached Bangui ).
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© March 2016 LNC – LAMINE MEDIA