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IMF says Central Africa bloc’s economic growth slowed to 2 pct in 2015

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Yaoundé – Economic growth in the six-nation Central African CEMAC bloc dropped to two per cent in 2015, International Monetary Fund Managing Director Christine Lagarde said on Friday.
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Growth in the bloc, which is made up of Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon, was expected to top four per cent according to earlier IMF estimates.

Low oil prices have impacted the resource-rich region. (Reuters/NAN)

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