Cameroon: 2013 Article IV Consultation
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Summary:
This paper presents key discussions of Cameroon’s 2013 Article IV Consultation. Economic activity in Cameroon has continued to recover gradually from the global financial crisis in 2008–2009, and inflation has remained subdued. In light of growing vulnerabilities, the report suggests to adopt a plan to reduce fuel subsidies gradually, accompanied by targeted social programs for the neediest, to free up resources for public investment. It is also necessary to accelerate resolution of distressed banks and enhance the regulatory framework to promote lending.
Series:
Country Report No. 2013/279
Subject:
Arrears Energy subsidies Expenditure External debt Public debt Public financial management (PFM)
Notes:
English
Publication Date:
September 9, 2013
ISBN/ISSN:
9781475554885/1934-7685
Stock No:
1CMREA2013001
Pages:
109
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