{
  "title": "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",
  "publication": "IMF Staff Country Reports, September 1, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/cameroon-2011-article-iv-consultation-staff-report-debt-sustainability-analysis-25207",
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  "summary": "In this study, Cameroon’s economic recovery, low inflation, and positive economic prospects have been ascribed. Efforts to improve non-oil revenue by broadening the tax base, streamlining exemptions, and increasing the efficiency of tax and customs administration are outlined.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: September 1, 2011\n- 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\n- Series: Country Report No. 2011/266\n- Issue: 266\n- Volume: 2011\n- Pages: 83"
    },
    {
      "heading": "Macroeconomic findings and outlook",
      "content": "- Economic recovery noted.\n- Low inflation documented.\n- Positive economic prospects ascribed."
    },
    {
      "heading": "Fiscal policy, revenue, and public financial management",
      "content": "- Emphasis on improving non-oil revenue through:\n  - Broadening the tax base.\n  - Streamlining exemptions.\n  - Increasing the efficiency of tax and customs administration.\n- Need to rebuild fiscal buffers.\n- Need to strengthen the budget execution process.\n- Recommendation to accelerate efforts to operationalize the medium-term expenditure framework."
    },
    {
      "heading": "Structural challenges and policy recommendations",
      "content": "- Importance of addressing the severe infrastructure gap.\n- Importance of improving the business climate and competitiveness.\n- Overall recommendation: redouble efforts on infrastructure and competitiveness reforms."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Budget planning and preparation; Debt sustainability analysis; External debt; Public debt; Public financial management (PFM)\n- 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\n\n---\n\n Content in this bundle\n\n- cr11266\n  - cr11266 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr11266 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 1, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781463902810.002",
    "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",
    "Economic recovery noted.",
    "Low inflation documented.",
    "Positive economic prospects ascribed.",
    "Emphasis on improving non-oil revenue through:",
    "Need to rebuild fiscal buffers.",
    "Need to strengthen the budget execution process.",
    "Recommendation to accelerate efforts to operationalize the medium-term expenditure framework.",
    "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: 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",
    "**_cr11266**"
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