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

Growth in the bloc, which is made up of Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon, was expected to top 4 percent according to earlier IMF estimates.

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Visitors are silhouetted against the logo of the International Monetary Fund at the main venue for the IMF and World Bank annual meeting in Tokyo October 10, 2012. REUTERS/Kim Kyung-Hoon play Visitors are silhouetted against the logo of the International Monetary Fund at the main venue for the IMF and World Bank annual meeting in Tokyo October 10, 2012. REUTERS/Kim Kyung-Hoon (Reuters)
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Economic growth in the six-nation Central African CEMAC bloc dropped to 2 percent in 2015, International Monetary Fund managing director Christine Lagarde said on Friday.

Growth in the bloc, which is made up of Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon, was expected to top 4 percent according to earlier IMF estimates.

Persistently low oil prices have impacted the resource-rich region.

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