Cameroon: Staff Report for the 2009 Article IV Consultation and Request for disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility

November 23, 2009

Preview Citation

Format: Chicago

Cameroon: Staff Report for the 2009 Article IV Consultation and Request for disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility, (USA: International Monetary Fund, 2009) accessed November 22, 2024

Also available in: français

Summary

This paper discusses a request from Cameroon for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility (RAC-ESF). Despite improvements, the economy of Cameroon remains vulnerable to commodity shocks, especially from oil; and reducing poverty is a challenge. The authorities are eager to set the economy on a higher-growth path that can lower poverty. IMF staff welcomes the accelerated implementation of structural measures to increase the economy’s resilience to shocks. IMF staff supports the authorities’ request for the rapid-access component of the ESF.

Subject: Credit, Current account, Debt sustainability analysis, External debt, Fiscal stance, Money, Public debt, Public financial management (PFM)

Keywords: Appreciation to staff, Authority, CR, Credit, Debt relief, Debt sustainability analysis, Global, IMF emergency, ISCR, Oil price shock, PRGF arrangement, Priority outlay

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/318
Stock No:

1CMREA2009003
ISBN:

9781451808308
ISSN:

1934-7685

Notes

Also available in French.

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