Cameroon: Second Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility
March 27, 2007
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
Pages:
85
Volume:
2007
DOI:
Issue:
129
Series:
Country Report No. 2007/129
Stock No:
1CMREA2007001
ISBN:
9781451808209
ISSN:
1934-7685






