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Cameroon :, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Requests for Waiver of Performance Criterion, Modification of Performance Criteria and Extension of Arrangement: Staff Report; Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cameroon

This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Cameroon. Non-oil economic activity accelerated somewhat in 2007, and inflation declined. However, rising food and fuel prices starting in late 2007, amidst discussions of possible changes to the constitution, led to violent social unrest in February 2008. Program implementation was satisfactory in the second half of 2007. Most quantitative targets, notably on the non-oil primary fiscal deficit, for end-December 2007, were also met
Table Of Contents
Cover; Contents; Executive Summary; I. Background and Recent Economic Developments; II. Policy Discussions; A. Safeguarding Fiscal Sustainability; B. Accelerating Growth and Private Sector Development; III. Financing Assurances and Program Issues; IV. Staff Appraisal; Boxes; 1. Fiscal Impact in 2008 of March Measures; 2. Fiscal Policy Considerations on Additional Spending; Tables; 1. Selected Economic and Financial Indicators, 2005-10; 2. Balance of Payments, 2005-10; 3. Monetary Survey, December 2005-December 2008; 4. Central Government Operations, 2005-09
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (84 p.)
Specific Material Designation
Form Of Item

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