Cameroon: Second Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

March 27, 2007

Preview Citation

Format: Chicago

Cameroon: Second Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2007) accessed September 18, 2024

Summary

This paper discusses key findings of the Second Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility for Cameroon. Economic activity is slowing, reflecting a weak business environment, stronger competition from low-cost producers of manufactured products, and reforms to foster sustainable forestry production. Higher world oil prices are leading to inflation pressures while contributing to an improvement in the fiscal position and external current account balance. Budget execution and implementation of structural measures related to public financial management were also satisfactory.

Subject: Asset and liability management, Capital spending, Debt relief, Expenditure, Fiscal policy, Fiscal stance, Oil, gas and mining taxes, Taxes

Keywords: Asia and Pacific, Capital spending, Central Africa, CR, Customs management system, Debt relief, Fiscal stance, Gas and mining taxes, Government, ISCR, Nonoil revenue collection, Oil, PRGF, PRGF arrangement, PRGF loan, Report, Staff appraisal

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/129
Stock No:

1CMREA2007001
ISBN:

9781451808209
ISSN:

1934-7685

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