Cameroon: 2011: Article IV Consultation: Staff Report; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cameroon
IMF Staff Country Reports, September 1, 2011
Source details
- Canonical URL
- Cameroon: 2011: Article IV Consultation: Staff Report; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cameroon
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Bibliographic details
- Published: September 1, 2011
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463902810.002
Overview
- Publication date: September 1, 2011
- Report format and components: Staff Report; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Cameroon
- Series: Country Report No. 2011/266
- Issue: 266
- Volume: 2011
- Pages: 83
Macroeconomic findings and outlook
- Economic recovery noted.
- Low inflation documented.
- Positive economic prospects ascribed.
Fiscal policy, revenue, and public financial management
- Emphasis on improving non-oil revenue through:
- Broadening the tax base.
- Streamlining exemptions.
- Increasing the efficiency of tax and customs administration.
- Need to rebuild fiscal buffers.
- Need to strengthen the budget execution process.
- Recommendation to accelerate efforts to operationalize the medium-term expenditure framework.
Structural challenges and policy recommendations
- Importance of addressing the severe infrastructure gap.
- Importance of improving the business climate and competitiveness.
- Overall recommendation: redouble efforts on infrastructure and competitiveness reforms.
Subject areas and keywords
- Subject: Budget planning and preparation; Debt sustainability analysis; External debt; Public debt; Public financial management (PFM)
- Keywords: authorities' effort; authority; Budget planning and preparation; CR; Debt sustainability analysis; food price inflation; fuel price formula; Global; ISCR; oil revenue windfall; payments obligation; price