Cameroon: 2010: Article IV Consultation: Staff Report; Debt Sustainability Analysis; Staff Report Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cameroon

August 4, 2010

Preview Citation

Format: Chicago

Cameroon: 2010: Article IV Consultation: Staff Report; Debt Sustainability Analysis; Staff Report Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cameroon, (USA: International Monetary Fund, 2010) accessed September 19, 2024

Also available in: français

Summary

Cameroon showed incipient signs of recovery from the global financial crisis. Although growth performance remained constrained under the Poverty Reduction Growth Facility (PRGF), tax and customs administrations were strengthened, macroeconomic stability was preserved, and debt relief under the Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiatives (MDRI) helped firm up debt sustainability. Executive Directors welcomed the new program aimed to accelerate growth through infrastructure development, development of rural and mining sectors, improvement in human resources, regional integration, and export diversification. They emphasized the need to maintain fiscal and financial stability to preserve economic growth.

Subject: Budget planning and preparation, Expenditure, External debt, Public debt, Public financial management (PFM)

Keywords: Authority, Budget, Budget planning and preparation, CR, Financing gap, Global, Government, Government obligation, Government-private sector dialogue, ISCR, Real GDP, Spending program, Staff appraisal, Sub-Saharan Africa

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/259
Stock No:

1CMREA2010003
ISBN:

9781455205776
ISSN:

1934-7685

Notes

Also available in French

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