Cameroon: First Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF)
Electronic Access:
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Summary:
Macroeconomic performance has been satisfactory, and program implementation under the Poverty Reduction and Growth Facility arrangement has also been good. The medium-term projections have been updated in anticipation of relief under the Multilateral Debt Relief Initiative (MDRI). Despite recent steps, governance remains weak. The slowdown in non-oil real growth is a cause for concern and calls for determined actions by the government. Relief under the enhanced Heavily Indebted Poor Countries Initiative and MDRI would reduce Cameroon’s debt to sustainable levels.
Series:
Country Report No. 2006/231
Subject:
Asset and liability management Capital spending Debt relief Expenditure Fiscal policy Fiscal stance Oil, gas and mining taxes Poverty Poverty reduction strategy Taxes
English
Publication Date:
June 16, 2006
ISBN/ISSN:
9781451808179/1934-7685
Stock No:
1CMREA2006002
Pages:
76
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