Strengthening Transparency in the Oil Sector in Cameroon: Why Does it Matter?

Stéphane Cossé

No 2006/002, IMF Policy Discussion Papers from International Monetary Fund

Abstract: There has been a growing recognition of the importance of transparency for economic growth and social development in oil producing countries. This paper analyzes transparency issues in Cameroon's oil sector. It shows that, while substantial efforts have already been undertaken, continued action is necessary to strengthen transparency. The paper seeks to identify why and how transparency, especially in the fiscal area, matters for economic development and poverty reduction in Cameroon.

Keywords: PDP; government; Société Nationale des Hydrocarbures; oil revenue; revenue; government coordination; Cameroon; African economies; transparency; fiscal transparency; oil sector; oil producing countries; EITI; governance; public expenditure; cash payment; share of oil output; government receipt; oil activity; government's share; government's Technical Monitoring Committee; government from the need; Oil; gas and mining taxes; Oil production; Oil prices; Sub-Saharan Africa; Africa; Global (search for similar items in EconPapers)
Pages: 27
Date: 2006-03-01
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Citations: View citations in EconPapers (2)

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