## Cameroon: Staff Report for the 2005 Article IV Consultation and Staff-Monitored Program

_IMF Staff Country Reports, May 19, 2005_

## Source details

**Canonical URL:** [Cameroon: Staff Report for the 2005 Article IV Consultation and Staff-Monitored Program](https://www.imf.org/en/publications/cr/issues/2016/12/31/cameroon-staff-report-for-the-2005-article-iv-consultation-and-staff-monitored-program-18266)

## Other formats

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## Bibliographic details
- Published: May 19, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451808124.002

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### Executive summary and main findings
- Tangible progress has been made in the health and education sectors.
- A number of social indicators have improved significantly.
- Deterioration in fiscal performance and related weaknesses in fiscal management could, in the longer term, threaten macroeconomic stability and debt sustainability.
- Sustainable private sector growth requires the authorities to address:
  - inadequate infrastructure,
  - poor service delivery from troubled state enterprises,
  - an investment climate overshadowed by poor governance,
  - low levels of financial intermediation.

### Policy implications and recommendations
- Strengthen fiscal management to reverse deterioration in fiscal performance and safeguard macroeconomic stability and debt sustainability.
- Reform and improve governance of state enterprises to enhance service delivery and reduce fiscal risks.
- Improve infrastructure and the investment climate to support sustainable private sector growth.
- Enhance financial intermediation to mobilize domestic resources for investment.

### Subject coverage and keywords
- Subject: Commodities, Economic sectors, Expenditure, Oil, Public debt, Public enterprises, Public financial management (PFM)
- Keywords: appointed government, authority, budget execution report, cash position, CR, Global, government, government entity, ISCR, Nonoil revenue, Oil, Public enterprises, track-record SMP

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/cameroon-staff-report-for-the-2005-article-iv-consultation-and-staff-monitored-program-18266_