Cameroon: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director...
- ISBN-10
- 1484307321
- ISBN-13
- 9781484307328
- Series
- Cameroon
- Category
- Business & Economics
- Pages
- 128
- Language
- English
- Published
- 2017-07-05
- Publisher
- International Monetary Fund
- Author
- International Monetary Fund. African Dept.
Description
This paper discusses Cameroon’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). Cameroon has been hit by significant export price declines and security threats since 2014. Oil revenue declined and security and humanitarian spending increased, while large infrastructure programs continued, leading to widening fiscal and current account deficits, rapidly accumulating external debt and a decline in imputed reserves. The Cameroonian authorities are requesting a three-year program under the ECF in the amount of SDR 483 million to restore external and fiscal sustainability, and lay the foundations for sustainable, private-sector led growth. The IMF staff supports the authorities’ request for an ECF-supported program.
Get the book
Other editions
Similar books
-
Historical Dictionary of the Republic of Cameroon
By Mark Dike DeLancey, Mark W. Delancey, Rebecca Neh MbuhThe fourth edition of the Historical Dictionary of the Republic of Cameroon has been updated to reflect advances in the study of Cameroon's history as well as to provide coverage of the years since the last edition.
-
Cameroon
By Mark W. Delancey, Mark D. DeLanceyThis bibliography of over 600 references pays particular attention to Cameroon's numerous ethnic groups, its history, arts and society. Politics, literature, the economy and agriculture are also covered among the...
-
The Cameroon Condition
By George NgwaneIt calls for a leadership free of the docility, mediocrity and praise-singerliness. These are powerful essays that have attracted praise and criticism alike. They are essays to leave few indifferent.
-
THE NEW AFRICAN DIASPORA: Anatomy of the Rise of Cameroon’s Bushfallers
By Emmanuel KondeCast within the context of defining moments in the political history of contemporary Cameroon, The New African Diaspora... draws from the colonial experiences that predated the emergence of decolonized Cameroon and offers glimpses into the ...
-
English in Cameroon
By Hans-Georg WolfThe speech community of the Anglophones is highlighted as a rare example of an ethnicity tied to the second language. Apart from important sociolinguistic findings, the work includes a novel, corpus-based analysis of Cameroon English.
-
The Anglophone Cameroon Predicament
By Mufor AtangaThe book details the various measures undertaken to exploit the Anglophone regionís economy and marginalise its people. Principally the economic structures meant to facilitate self-reliant development were undermined and destroyed.
-
A History of the Cameroon
By Robert Brain, Tambi Eyongetah Mbuagbaw, Robert BrianA History of the Cameroon
-
The End of French Rule in Cameroon
By Martin AtanganaThe book shows the length that the French were prepared to go in order to leave Cameroon in the hands of a government that would be sympathetic to their interests.
-
The Golden Age of Southern Cameroons: Prime Lessons for Cameroon
By Anthony, NdiThis book argues that since the emergence of the Cameroon National Union (CNU) and the one-party state in 1966, Cameroonians have progressively degenerated into the syndrome of collective amnesia inspired by a culture of sycophancy, ...
-
Cameroon Political Story: Memories of an Authentic Eye Witness
By Nerius Namaso MbileThe Cameroon Political Story is a long journey through the eyes and actions of the author himself.