Cameroon : First Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF)

1CMREA2006002 Image
Price:  $15.00

Release Date: © June, 2006
ISBN : 978-1-45180-817-9
Stock #: 1CMREA2006002
English
Stock Status: On back-order

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Description

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.

Taxonomy

Balance of payments , Economic development , Economic policy , Fiscal policy , Investment




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