Cameroon: Eighth Reviews Under the Extended Arrangement Under the Extended Fund Facility and the Arrangement Under the Extended Credit Facility, and Third Review Under the Resilience and Sustainability Facility Arrangement
IMF Staff Country Reports, August 1, 2025
Source details
- Canonical URL
- Cameroon: Eighth Reviews Under the Extended Arrangement Under the Extended Fund Facility and the Arrangement Under the Extended Credit Facility, and Third Review Under the Resilience and Sustainability Facility Arrangement
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Bibliographic details
- Published: August 1, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229019231.002
Macroeconomic performance and stability
- Despite modest economic growth, Cameroon has maintained macroeconomic stability in the face of domestic and external shocks.
- A prudent fiscal stance is identified as crucial to preserve debt sustainability.
- Strengthening resilience to shocks is linked to reducing balance of payments impacts from climate events and attracting favorable funding for green investments.
Fiscal consolidation and debt sustainability
- Authorities have advanced fiscal consolidation by:
- boosting non-oil revenues;
- improving public investment management;
- controlling domestic arrears.
- Medium-term growth depends on decisive actions to increase non-oil revenues and preserve debt sustainability.
Financial sector resilience and development
- Recapitalization of two banks has enhanced financial sector resilience.
- Remaining priorities include:
- clearing arrears;
- deepening the domestic financial market;
- implementing strategies for financial sector development and inclusion in collaboration with regional financial institutions.
Public financial management, governance, and AML/CFT
- Addressing public financial management weaknesses, governance issues, and anti-corruption measures is necessary to support medium-term growth.
- Anti-money laundering and combating the financing of terrorism (AML/CFT) are listed as subjects of relevance to the program.
Climate change risk management
- Cameroon has made significant progress in strengthening its framework for managing climate change risks.
- Implementing the climate framework is expected to:
- enhance resilience to climate shocks;
- reduce their balance of payments impact;
- attract favorable funding for green investments.
Key statistics and publication metadata
- Pages: 107
- Volume: 2025
- Issue: 222
- Series: Country Report No. 2025/222
- DOI: https://doi.org/10.5089/9798229019231.002
- Stock No: 1CMREA2025002
- ISBN: 9798229019231
- ISSN: 1934-7685
- Publication date: August 1, 2025
International Monetary Fund. IMF Staff Country Reports. "Cameroon: Eighth Reviews Under the Extended Arrangement Under the Extended Fund Facility and the Arrangement Under the Extended Credit Facility, and Third Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Cameroon", August 1, 2025.
Content in this bundle
- Executive Summary