Cameroon Third Review Under the Extended Credit Facility Arrangement and Requests for a Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Cameroon

President Biya was re-elected as President of Cameroon on October 7 by a large margin, amidst some violence in anglophone regions. Growth is projected to gradually increase from 3.5 percent in 2017 to 3.8 percent in 2018, driven by construction activity ahead of the Africa Cup of Nations (CAN) and l...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2018
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 03088nmm a2200589 u 4500
001 EB001892462
003 EBX01000000000000001055609
005 00000000000000.0
007 cr|||||||||||||||||||||
008 200301 ||| eng
020 |a 9781484392003 
245 0 0 |a Cameroon  |b Third Review Under the Extended Credit Facility Arrangement and Requests for a Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Cameroon 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2018 
300 |a 115 pages 
651 4 |a Cameroon 
653 |a Credit 
653 |a Public debt 
653 |a Budget Systems 
653 |a Public finance & taxation 
653 |a Monetary economics 
653 |a Debt Management 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a Debt 
653 |a Exports and Imports 
653 |a Fiscal policy 
653 |a Arrears 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a External debt 
653 |a Debts, External 
653 |a Budgeting 
653 |a Money 
653 |a National Government Expenditures and Related Policies: General 
653 |a Sovereign Debt 
653 |a Budget 
653 |a Macroeconomics 
653 |a Public financial management (PFM) 
653 |a National Budget 
653 |a Budgeting & financial management 
653 |a Public Finance 
653 |a Money and Monetary Policy 
653 |a Debt sustainability analysis 
710 2 |a International Monetary Fund  |b African Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781484392003.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2018/378/002.2018.issue-378-en.xml?cid=46491-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a President Biya was re-elected as President of Cameroon on October 7 by a large margin, amidst some violence in anglophone regions. Growth is projected to gradually increase from 3.5 percent in 2017 to 3.8 percent in 2018, driven by construction activity ahead of the Africa Cup of Nations (CAN) and large infrastructure projects. Fiscal consolidation as of end-June was in line with program objectives, but faces significant headwinds in the second half of the year owing to accelerating capital spending and revenue shortfalls. The goods trade balance worsened significantly in H1 and private capital outflows increased, contributing to a slower-than-anticipated buildup of external buffers. The medium-term outlook remains positive with growth expected to increase to 4.4 percent in 2019 and reach 5 percent in the medium-term. Risks from heightened global uncertainty, insufficient adjustment at the regional level, and continued insecurity in the anglophone regions are increasing