CFAF definition

CFAF means the currency of the Borrower;
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CFAF means Franc de la Communauté Financière Africaine, the currency of the Borrower;
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CFAF mean the currency of the Borrower;
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Examples of CFAF in a sentence

  • In the latter case, we had intended to limit this investment to CFAF 344 billion, but it proved difficult to reverse the over execution of this spending which took place in the third quarter of the year.

  • The Republic’s budget resources expected in 2008 are forecast at 1,671 billion CFAF compared with 1,376.9 billion CFAF in 2007.

  • Since January 1999, the Republic has maintained a fixed exchange rate of CFAF 655.957/€1.

  • External resources of 50 billion CFAF are expected to consist of 24 billion CFAF in loans from China and the World Bank to finance ongoing projects and 26 billion CFAF in contributions from bilateral and multilateral partners (including Italy, South Korea, the European Union and the African Development Bank).

  • With effect from the 2009-10 cocoa season, the Recipient has reduced: (a) the registration tax on cocoa from 10 percent to 5 percent of the CIF price, without having increased other taxes and mandatory levies in the cocoa sector, (b) the export tax (droit unique de sortie) on cocoa from CFAF 220 per kilogram to CFAF 210 per kilogram, and (c) quasi-fiscal levies on cocoa from CFAF 31.26 per kilogram to CFAF 26.26 per kilogram.


More Definitions of CFAF

CFAF means Franc de la Coopération Financière en Afrique Centrale, the currency of the Recipient.
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CFAF or "CFA Franc" means the currency of the Borrower;
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CFAF means the currency of the Recipient.
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CFAF or “CFA Francs” means Francs de la Communauté Financière Africaine, the currency of the Recipient;
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CFAF means the lawful currency of the African Financial Community.
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CFAF means the lawful currency of the Recipient, which is the Central African CFA (Financial Cooperation in Central Africa (Coopération financière en Afrique centrale") franc, issued by the Bank of Central African States (Banque des États de l'Afrique Centrale).
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CFAF means the currency of the Borrower and other members of the West African Monetary Union;
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