IMF Staff Country Reports

Cameroon: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criterion, and Financing Assurances Review: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cameroon

January 11, 2008

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Cameroon: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criterion, and Financing Assurances Review: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cameroon, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Also available in: français

Summary

Cameroonian monetary developments in the first half of 2007 continued to be driven by high oil prices while inflation declined. Fiscal performance in the first half of 2007 was broadly satisfactory, although concerns about investment execution remain. Performance under the Poverty Reduction and Growth Facility (PRGF)-supported program over January-June 2007 was mixed, but corrective actions have been taken. The medium-term fiscal strategy aims at expanding priority spending while preserving macroeconomic sustainability. The authorities agreed that non-oil revenue mobilization remained key to ensuring fiscal sustainability.

Subject: Capital spending, Civil service, Credit, Expenditure, Labor, Public debt, Public financial management (PFM)

Keywords: Authorities' intention, Capital spending, Civil service, CR, Government, Growth facility, ISCR, Nonoil revenue collection, Staff appraisal, Three-Year, Three-Year arrangement

Publication Details

  • Pages:

    80

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/011

  • Stock No:

    1CMREA2008003

  • ISBN:

    9781451808261

  • ISSN:

    1934-7685

Notes

Also available in French

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