Cameroon: Staff Report for the 2012 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2012 Issue 237

Publication date: August 2012

ISBN: 9781475506297

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Public Finance , Business and Economics - Statistics , Taxation - General , ISCR , CR , Cameroon , real GDP , debt , debt ratio , executive board assessment , financing gap , oil revenue windfall , IMF disbursement , Institut National de la Statistique du Cameroun , risk of debt distress , economic growth performance , IMF's effort , Arrears , Energy subsidies , Global

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Summary

Despite achieving macroeconomic stability, there is not much improvement in Cameroon's social indicators. To achieve higher and more inclusive growth, the report mentioned that problems in sectors such as infrastructure and a reduction in per capita income and mounting costs of fuel subsidies should be attended to. Due diligence should be exercised to control the expenditure chain and to better track the flow of funds. Better cooperation between national and regional bodies should be initiated for financial stability.