Cameroon: First Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF)

Publication Date:

June 16, 2006

Electronic Access:

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Summary:

Macroeconomic performance has been satisfactory, and program implementation under the Poverty Reduction and Growth Facility arrangement has also been good. The medium-term projections have been updated in anticipation of relief under the Multilateral Debt Relief Initiative (MDRI). Despite recent steps, governance remains weak. The slowdown in non-oil real growth is a cause for concern and calls for determined actions by the government. Relief under the enhanced Heavily Indebted Poor Countries Initiative and MDRI would reduce Cameroon’s debt to sustainable levels.

Series:

Country Report No. 2006/231

Subject:

English

Publication Date:

June 16, 2006

ISBN/ISSN:

9781451808179/1934-7685

Stock No:

1CMREA2006002

Pages:

76

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