IMF Staff Country Reports

Cameroon: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cameroon

December 3, 2015

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Cameroon: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cameroon, (USA: International Monetary Fund, 2015) accessed November 21, 2024

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Summary

This 2015 Article IV Consultation highlights that Cameroon’s economy has shown resilience in the face of the twin shocks of the oil price slump and heightened security threats, with the robust growth of 2014 continuing into 2015. Growth is broad-based and projected to reach 5.9 percent in 2015, buoyed by increased oil production and the performance of sectors benefiting from the ongoing public investment boom. Total revenue is projected to increase in 2015, owing to a strong performance in non-oil revenue. Growth is projected to moderate to 5.2 percent in 2016, as oil production stabilizes.

Subject: Debt sustainability, Expenditure, External debt, Oil prices, Prices, Public debt

Keywords: Authority, Central Africa, CR, Debt, Debt sustainability, Europe, Global, Investment, Investment program, ISCR, Nexus analysis, Oil price slump, Oil prices, Private sector, Private sector participation, Revenue mobilization effort, Sub-Saharan Africa

Publication Details

  • Pages:

    79

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/331

  • Stock No:

    1CMREA2015001

  • ISBN:

    9781513521190

  • ISSN:

    1934-7685

Notes