This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Cameroon and the IMF. Additional information can be found on Cameroon and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Cameroon.
At a Glance
- Cameroon joined the Fund in July 10, 1963; Article VIII
- Total Quotas: SDR 276.00 Million (As of February 29, 2016)
- Loans outstanding: ESF RAC Loan SDR 65 Million
ECF Arrangements SDR 5.58 Million - Staff Report for the 2018 Article IV Consultation (Country Report No. 18/235, July 23, 2018)
Office Activities in Cameroon
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Recent Economic Trends and Economic Outlook
Presentation
December 31, 2019
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REO presentation given at the University of Dschang
December 1, 2019
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Domestic Backlogs in Subsaharian Africa: amount, symptoms and solutions
Presentation
October 26, 2019
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Cameroon: Economic Recovery in a Context of Great Incertainty
REO Presentation
May 2, 2019
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Subsidizing Energy Consumption: Why it’s Wrong and What Can Be Done About it
Blog by Carlo Cottarelli, Director, FAD (IMF)
May 6, 2013
IMF's Work on Cameroon
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February 22, 2024
Series:Country Report No. 2024/053
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February 20, 2024
Series:Country Report No. 2024/052
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February 20, 2024
Series:Country Report No. 2024/051
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January 29, 2024
The IMF Executive Board approved a Resilience and Sustainability Facility (RSF) arrangement for Cameroon in an amount equivalent to US$183.4 million.
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December 22, 2023
• The IMF Executive Board completed the Fifth Reviews under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) arrangements and approved a 12-month extension and augmentation of access. The completion of the Fifth Reviews allows for an immediate disbursement of about US$ 73.8 million. The IMF Board also concluded the 2023 Article IV consultation.
Regional Economic Outlook
October 10, 2023
LIGHT ON THE HORIZON?
Still emerging from the COVID-19 pandemic, countries in sub-Saharan Africa have been hit by a sluggish global economy, worldwide inflation, high borrowing costs, and a cost-of-living crisis. In many cases, inflation is still too high, borrowing costs are still elevated, exchange-rate pressures persist, and political instability is an ongoing concern. To ensure that the coming rebound is more than just a transitory glimpse of sunshine, it is important for authorities to guard against a premature relaxation of stabilization policies, while also focusing on reforms to both claw back lost ground from the four-year crisis and also to create new space to address the region’s pressing development needs.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.