Cameroon: Sixth Reviews Under the Extended Credit Facility and the Extended Fund Facility Arrangements, First Review under the Resilience and Sustainability Facility Arrangement, and Requests for Waivers of Applicability of Performance Criteria, Nonobservance of Performance Criteria, and Modification of Performance Criteria and a Reform Measure
July 22, 2024
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Summary
This paper highlights Cameroon’s Sixth Reviews Under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) Arrangements, First Review Under the Resilience and Sustainability Facility (RSF) Arrangement, and Requests for Waivers of Applicability of Performance Criteria (PC), Nonobservance of Performance Criteria, and Modification of Performance Criteria and a Reform Measure. The authorities continue to make progress on Cameroon’s economic reform agenda. Going forward, the authorities should accelerate the reform agenda in public financial management, foster structural transformation, and advance climate change adaptation and mitigation efforts. The authorities have made commendable progress under the RSF, which is helping Cameroon integrate climate considerations into its institutional and regulatory frameworks and enhance its capacity to adapt and mitigate the effects of climate change. It is essential to maintain the reform momentum to further strengthen the institutional framework for climate policies, build resilience to climate shocks, and catalyze new investments from donors and the private sector.
Subject: Credit, Fiscal law, Fiscal policy, Fiscal stance, Money, Public debt
Keywords: budget support loan, Credit, Ecf-EFF arrangement, Ecf-EFF review, ECF-EFF review, Fiscal law, Fiscal stance, Global, order basis
Pages:
94
Volume:
2024
DOI:
Issue:
237
Series:
Country Report No. 2024/237
Stock No:
1CMREA2024004
ISBN:
9798400283475
ISSN:
1934-7685






