Cameroon: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Requests for Waiver of Performance Criterion, Modification of Performance Criteria and Extension of Arrangement: Staff Report; Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cameroon
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Summary:
This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Cameroon. Non-oil economic activity accelerated somewhat in 2007, and inflation declined. However, rising food and fuel prices starting in late 2007, amidst discussions of possible changes to the constitution, led to violent social unrest in February 2008. Program implementation was satisfactory in the second half of 2007. Most quantitative targets, notably on the non-oil primary fiscal deficit, for end-December 2007, were also met.
Series:
Country Report No. 2008/279
Subject:
External debt Fiscal policy Fiscal sustainability Fuel prices Prices Public debt Public financial management (PFM)
Notes:
Also available in French
English
Publication Date:
August 12, 2008
ISBN/ISSN:
9781451808278/1934-7685
Stock No:
1CMREA2008004
Pages:
82
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