Cameroon: 2013 Article IV Consultation

International Monetary Fund

No 2013/279, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents key discussions of Cameroon’s 2013 Article IV Consultation. Economic activity in Cameroon has continued to recover gradually from the global financial crisis in 2008–2009, and inflation has remained subdued. In light of growing vulnerabilities, the report suggests to adopt a plan to reduce fuel subsidies gradually, accompanied by targeted social programs for the neediest, to free up resources for public investment. It is also necessary to accelerate resolution of distressed banks and enhance the regulatory framework to promote lending.

Keywords: ISCR; CR; real GDP; authority; loan; debt; government arrears; growth potential; oil revenue; GDP deflator; reform momentum; Energy subsidies; Arrears; Global; Sub-Saharan Africa; Europe; Policy discussion; IMF's quota (search for similar items in EconPapers)
Pages: 109
Date: 2013-09-09
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Citations: View citations in EconPapers (1)

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