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)
IMF's Work on Cameroon
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IMF Executive Board Completes Fifth Review of the Extended Credit Facility Arrangement for Cameroon
January 22, 2020
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December 20, 2019
On December 20, 2019, the Executive Board of the International Monetary Fund (IMF) approved a three-year arrangement under the IMF’s Extended Credit Facility (ECF) for the Central African Republic (CAR) equivalent to SDR83.55 million (about US$115.1 million, or 75 percent of the Central African Republic’s quota in the Fund). The IMF-supported program aims to maintain macroeconomic stability, strengthen administrative capacity, governance and the business climate, and address the country’s protracted balance of payment needs.
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December 20, 2019
Author/Editor:International Monetary Fund. African Dept.
Series:Country Report No. 19/383 -
December 18, 2019
On December 13, 2019, the IMF Executive Board concluded the annual discussions with the Central African Economic and Monetary Community (CEMAC) on Common Policies of Member Countries and Common Policies in Support of Member Countries Reform Programs.
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IMF Staff Completes Review Mission to Cameroon
November 8, 2019
Regional Economic Outlook for Sub-Saharan Africa
October 18, 2019
Growth in sub-Saharan Africa is projected to remain at 3.2 percent in 2019 and rise to 3.6 percent in 2020. The expected recovery, however, is at a slower pace than previously envisaged for about two-thirds of the countries in the region, partly due to a challenging external environment. Growth is projected to remain strong in non-resource-intensive countries, averaging about 6 percent. As a result, 24 countries, home to about 500 million people, will see their per capita income rise faster than the rest of the world. In contrast, growth is expected to move in slow gear in resource-intensive countries (2½ percent). Hence, 21 countries are projected to have per capita growth lower than the world average. Reducing risks and promoting sustained and inclusive growth across all countries in the region requires carefully calibrating the near-term policy mix, building resilience, and raising medium-term growth.
Read the Report