Cameroon: Staff Report for the 2005 Article IV Consultation and Staff-Monitored Program
International Monetary Fund
No 2005/164, IMF Staff Country Reports from International Monetary Fund
Abstract:
Cameroon’s 2005 Article IV Consultation reports that tangible progress has been made in the health and education sectors, and a number of social indicators have improved significantly. The deterioration in fiscal performance and related weaknesses in fiscal management could, in the longer term, threaten macroeconomic stability and debt sustainability. Moreover, sustainable private sector growth requires the authorities to address inadequate infrastructure, poor service delivery from troubled state enterprises, an investment climate overshadowed by poor governance and low levels of financial intermediation.
Keywords: ISCR; CR; authority; government; budget execution report; Nonoil revenue; cash position; government entity; track-record SMP; appointed government; Public enterprises; Oil; Global (search for similar items in EconPapers)
Pages: 106
Date: 2005-05-19
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