Ebooks for the Classroom+Faculty

Cameroon : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cameroon
ISBN: 9781451994131
Platform/Publisher: Ebook Central / International Monetary Fund
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Economics; Business/ Management;

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.