Cameroon: Review of the Staff-Monitored Program and Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility, and for Additional Interim Assistance under the Enhanced Heavily Indebted Poor Countries Initiative
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Summary:
The staff report for the Review of the Staff-Monitored Program and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility highlights economic developments and performance. Fiscal consolidation efforts were sustained, and public finances improved markedly in the first half of 2005, exceeding the Staff-Monitored Program (SMP) targets. IMF staff welcomes the improvements made in public financial management and urges the government to persist in its efforts. The government encountered some technical difficulties, but also was not able to fully implement other SMP commitments.
Series:
Country Report No. 2005/413
Subject:
Asset and liability management Debt relief Expenditure Oil prices Oil, gas and mining taxes Poverty Poverty reduction strategy Prices Taxes
English
Publication Date:
November 18, 2005
ISBN/ISSN:
9781451808155/1934-7685
Stock No:
1CMREA2005004
Pages:
114
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