Strengthening Transparency in the Oil Sector in Cameroon: Why Does it Matter?

March 1, 2006

Disclaimer: This Policy Dicussion Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

There has been a growing recognition of the importance of transparency for economic growth and social development in oil producing countries. This paper analyzes transparency issues in Cameroon's oil sector. It shows that, while substantial efforts have already been undertaken, continued action is necessary to strengthen transparency. The paper seeks to identify why and how transparency, especially in the fiscal area, matters for economic development and poverty reduction in Cameroon.

Subject: Commodities, Economic sectors, Oil, Oil prices, Oil production, Oil sector, Oil, gas and mining taxes, Prices, Production, Taxes

Keywords: Africa, African economies, Cameroon, cash payment, EITI, fiscal transparency, gas and mining taxes, Global, governance, government, government coordination, government from the need, government receipt, government's share, government's Technical Monitoring Committee, Oil, oil activity, Oil prices, oil producing countries, Oil production, oil revenue, oil sector, PDP, public expenditure, revenue, share of oil output, Société Nationale des Hydrocarbures, Sub-Saharan Africa, transparency

Pages:
27
Volume:
2006
DOI:
https://doi.org/10.5089/9781451946123.003
Issue:
002
Series:
Policy Discussion Paper No. 2006/002
Stock No:
PPIEA2006002
ISBN:
9781451946123
ISSN:
1564-5193

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