The Implications of Financial Development for Economic Growth in CEMAC

By Dr. Jean Cedric Kouam|2023-02-15T16:15:55+00:00February 15th, 2023|Categories: Economics Affairs, Publications|Tags: , , |

In CEMAC, the amount of domestic credit provided by the financial sector (as a percentage of GDP) has increased by almost 35 percentage points in less than a decade, from 10.57 percent of GDP in 2013, to 45.46 percent of GDP in 2021.