896:: in 2015, the regional bank supervisor, the COBAC, conducted an audit that showed that the Bank's resources were insufficient to meet its loan commitments. An interim action plan was approved by the BDEAC Board of Directors in December 2015. The Action Plan included the modernization of the BDEAC's software and accounting systems; a capital increase; modernizing the governance structure and recruiting new staff; and a focus on loan collections.
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2017-24: Governor, BEAC: When Tolli assumed office, the BEAC's international reserves were low, member countries were in recession, and there was some discussion of the possible need for a devaluation of the CFA franc. An operational audit in 2017 laid the groundwork for a reform plan, implemented in
921:, only the second country in the world to do so. Tolli, in opposing this move as contrary to the regional treaties governing the BEAC. The CAR was eventually compelled to suspend the new law pending the issuance of BEAC regulations governing
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959:.
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661:.
631:|
413:.
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230:|
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