Cameroon: Staff Report for the 2005 Article IV Consultation and Staff-Monitored Program

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 164

Publication date: May 2005

ISBN: 9781451808124

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , authority , government , budget execution report , Nonoil revenue , cash position , government entity , track-record SMP , appointed government , Public enterprises , Oil , Global

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Republic of Congo : 2001 Article IV

Summary

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.