IMF Staff Country Reports

Cameroon: Selected Issues

December 3, 2015

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Cameroon: Selected Issues, (USA: International Monetary Fund, 2015) accessed September 19, 2024

Also available in: français

Summary

This Selected Issues paper examines recent performance and reform agenda for Cameroon’s state-owned enterprises (SOEs). Cameroon’s SOEs are important providers of formal employment and have a large weight in the economy. The profitability and financial autonomy of SOEs have deteriorated in recent years, draining scarce budget resources. In addition, SOEs have amassed significant contingent liabilities in the form of debt and arrears. Weak corporate governance is a key factor in SOEs’ poor performance. The reform agenda should include enhancing the monitoring of SOEs, improving disclosure of their contingent liabilities, and strengthening their governance.

Subject: Contingent liabilities, Economic sectors, Energy subsidies, Expenditure, Inflation, Oil prices, Prices, Public enterprises, Public financial management (PFM)

Keywords: Accounts receivables data point, Change rule, Contingent liabilities, Cost base, CR, Energy subsidies, Equalization board, Global, Government, Government transfer, Inflation, ISCR, Oil prices, Price, Price-smoothing mechanism, Public enterprises, SOE activity, SOE Arrears, SOE debt, SOE profitability, SOE value, SOEs, SONARA

Publication Details

  • Pages:

    23

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/332

  • Stock No:

    1CMREA2015002

  • ISBN:

    9781513599588

  • ISSN:

    1934-7685

Notes