IMF Staff Country Reports

Cameroon : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cameroon

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

December 3, 2015

Electronic Access:

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Summary:

This 2015 Article IV Consultation highlights that Cameroon’s economy has shown resilience in the face of the twin shocks of the oil price slump and heightened security threats, with the robust growth of 2014 continuing into 2015. Growth is broad-based and projected to reach 5.9 percent in 2015, buoyed by increased oil production and the performance of sectors benefiting from the ongoing public investment boom. Total revenue is projected to increase in 2015, owing to a strong performance in non-oil revenue. Growth is projected to moderate to 5.2 percent in 2016, as oil production stabilizes.

Series:

Country Report No. 15/331

Subject:

Article IV consultation reports Balance of payments statistics Bank supervision Budgets Cameroon Debt sustainability analysis Economic growth Economic indicators Financial intermediation Fiscal policy Fiscal reforms Government expenditures Press releases Private sector Staff Reports

Notes:

Also Available in French