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.

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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)

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Office Activities in Cameroon

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Regional Economic Outlook for Sub-Saharan Africa

June 29, 2020

The outlook for 2020 for sub-Saharan Africa is considerably worse than was anticipated in April and subject to much uncertainty. Economic activity this year is now projected to contract by some 3.2 percent, reflecting a weaker external environment and measures to contain the COVID-19 outbreak. Growth is projected to recover to 3.4 percent in 2021 subject to the continued gradual easing of restrictions that has started in recent weeks and, importantly, if the region avoids the same epidemic dynamics that have played out elsewhere. Africa’s authorities have acted swiftly to support the economy, but these efforts have been constrained by falling revenues and limited fiscal space. Regional policies should remain focused on safeguarding public health, supporting people and businesses hardest hit by the crisis, and facilitating the recovery.The region cannot tackle these challenges alone, and a coordinated effort by all development partners will be key.
Read the Report

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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