For more information, see Cameroon and the IMF

Cameroon — Enhanced Structural Adjustment Facility
Medium-Term Economic and Financial Policy Framework Paper
(1998/99-2000/01)

Table 5. Cameroon: External Financing Requirements and Sources, 1992/93-2000/01
(In billions of CFA francs)
            Est. 
Program
Total
  1992/
1993 
1993/
1994 
1994/
1995 
1995/
1996 
1996/
1997 
1997/
1998 
1998/
1999 
1999/
2000 
2000/
2001
1998/99-
2000/01
Requirements 161 799 161 871 254 963 824 705 639 2167
    Current account deficit, excluding
          official grants 185 169 73 124 65 139 156 151 158 464
    Medium- and long-term debt
         amortization payments
216 333 401 458 371 439 462 426 368 1256
       Public debt (including IMF) 132 218 283 351 280 291 342 307 264 913
       Private debt 83 115 118 106 92 148 120 119 104 343
    Changes in external payments
      arrears (+ = decrease)
-162 433 -319 232 -256 329 95 0 0 95
   Increase in the net foreign assets
      of the central bank (excluding
      IMF credit)
-77 -135 5 59 73 55 110 128 112 351
                     
Resources 90 -98 -93 162 179 247 331 316 319 966
    Official grants 20 26 41 14 0 15 17 10 6 33
    Project loans 46 24 25 13 28 88 121 165 184 470
    Private investment 57 94 117 134 148 152 109 113 103 325
    Private short-term borowing (net) -29 -78 -79 0 -3 -8 84 28 26 138
    Errors and omissions (net) -5 -164 -198 1 6 0 0 0 0 0
                     
Financing gap 72 898 254 710 75 716 493 389 319 1201
                     
Exceptional financing 72 898 254 710 75 716 453 379 40 872
    Use of IMF resources 0 18 0 21 0 44 44 44 0 88
    World Bank program assistance 0 55 70 40 0 82 69 46 0 115
    Other bilateral and multilateral
      assistance
47 115 0 50 0 86 63 44 40 147
    Debt rescheduling and cancellation 25 710 184 599 75 504 277 245 0 522
                     
Residual financing gap 0 0 0 0 0 0 40 10 279 330
                     
Sources: Data provided by the Cameroonian authorities; and staff estimates and projections.



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