IMF Staff Country Reports

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

November 18, 2005

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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, (USA: International Monetary Fund, 2005) accessed November 23, 2024

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.

Subject: Asset and liability management, Debt relief, Expenditure, Oil prices, Oil, gas and mining taxes, Poverty, Poverty reduction strategy, Prices, Taxes

Keywords: Amount, Authorities' goal, CR, Debt relief, Discussion of the request, Gas and mining taxes, Global, Government, Government entity, Government's budget, ISCR, Oil, Oil prices, Performance track record, Poverty reduction strategy, PRGF-supported program, Private sector

Publication Details

  • Pages:

    114

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/413

  • Stock No:

    1CMREA2005004

  • ISBN:

    9781451808155

  • ISSN:

    1934-7685