Cameroon: Joint Staff Assessment of the Poverty Reduction Strategy Paper
IMF Staff Country Reports, August 29, 2003
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- Cameroon: Joint Staff Assessment of the Poverty Reduction Strategy Paper
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Bibliographic details
- Published: August 29, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451808094.002
Key findings and analysis
- The Poverty Reduction Strategy Paper (PRSP) assesses the main exogenous and endogenous risks affecting the implementation of the strategy, including terms-of-trade shocks and absorptive capacity weaknesses.
- The PRSP provides extensive sensitivity analysis of the impact of the main exogenous risks.
- The medium-term expenditure framework identifies the priorities and needs of the country to meet the Millennium Development Goals.
- A critical challenge identified is the effective channeling of the resources freed from debt relief in favor of growth-enhancing and social development programs.
Policy implications and recommendations
- Prioritize strengthening absorptive capacity to ensure effective implementation of PRSP programs.
- Design safeguards and contingency measures to mitigate terms-of-trade shocks, informed by the PRSP’s sensitivity analysis.
- Align the medium-term expenditure framework with Millennium Development Goals priorities to target expenditures effectively.
- Establish transparent mechanisms to ensure resources freed from debt relief are allocated to growth-enhancing and social development programs.
Publication and document metadata
- Publication title: Cameroon: Joint Staff Assessment of the Poverty Reduction Strategy Paper
- Publication date on landing page: August 29, 2003
- Series: Country Report No. 2003/255
- Issue: 255
- Volume: 2003
- Pages: 18
- DOI: https://doi.org/10.5089/9781451808094.002
- ISBN: 9781451808094
- ISSN: 1934-7685
- Subject keywords: Education; Infrastructure; Medium-term budget frameworks; National accounts; Poverty; Poverty reduction; Poverty reduction strategy; Public financial management (PFM)
International Monetary Fund. "Cameroon: Joint Staff Assessment of the Poverty Reduction Strategy Paper", IMF Staff Country Reports 2003, 255 (2003).