Cameroon : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criterion, and Financing Assurances Review: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cameroon

Author/Editor:

International Monetary Fund

Publication Date:

January 11, 2008

Electronic Access:

Free Full Text (PDF file size is 550 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Cameroonian monetary developments in the first half of 2007 continued to be driven by high oil prices while inflation declined. Fiscal performance in the first half of 2007 was broadly satisfactory, although concerns about investment execution remain. Performance under the Poverty Reduction and Growth Facility (PRGF)-supported program over January-June 2007 was mixed, but corrective actions have been taken. The medium-term fiscal strategy aims at expanding priority spending while preserving macroeconomic sustainability. The authorities agreed that non-oil revenue mobilization remained key to ensuring fiscal sustainability.

Series:

Country Report No. 08/11

Subject:

Notes:

Also available in French

Frequency:

Monthly

English

Publication Date:

January 11, 2008

ISBN/ISSN:

9781451808261/1934-7685

Stock No:

1CMREA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

80

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