Cameroon: Selected Issues

July 17, 2014

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Format: Chicago

Cameroon: Selected Issues, (USA: International Monetary Fund, 2014) accessed November 21, 2024

Also available in: français

Summary

This Selected Issues paper examines infrastructure needs in Cameroon and makes policy recommendations to address them. In doing this, it provides advice to strengthen the public investment management framework, including public–private partnerships (PPP). The paper reviews the recent experience with public investment and PPPs and discusses policy options: increasing spending on public investment through traditional public procurement, while preserving fiscal sustainability; increasing the efficiency of public investment institutional processes; and increasing reliance on private-sector participation in infrastructure, while properly addressing their associated fiscal risks. Infrastructure indicators in Cameroon trail those of regional peers. Despite a slight improvement in the overall quality of infrastructure in 2013, infrastructure indicators remain low when compared to other sub-Saharan African countries, especially for roads, air transport, and electricity. A large body of theoretical and empirical work finds a positive relationship between public investment and growth. Physical and social infrastructure is widely considered to be a critical input for economic growth, productivity, and welfare.

Subject: Banking, Civil service, Commodities, Economic sectors, Expenditure, Labor, Oil, Oil sector, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Africa, Base salary, Bill development, Cameroon, Central Africa, Civil service, CR, Global, IMF staff estimate, ISCR, Oil, Oil sector, Poverty incidence data, Public investment and public-private partnerships (PPP), Public investment spending, Public-private partnership, Salary progression, Sub-Saharan Africa, Wage bill

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/213
Stock No:

1CMREA2014002
ISBN:

9781498396011
ISSN:

1934-7685

Notes

Also available in French

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