Cameroon's macroeconomic and security environments have deteriorated since the last consultation. In 2014-15, the economy has shown resilience in the face of the twin shocks of the oil price slump and heightened security threats, with still robust growth and low inflation. However, fiscal performance has weakened and the government continued to accumulate domestic arrears, as expenditure pressures have shifted from fuel subsidies to security expenditure. Cameroon's economic outlook has worsened and proximate risks have become more dominant. As a result of projected financing gaps and a surge in public infrastructure investment, public debt is expected to increase rapidly. Growth is projected to stabilize at about 5 percent in the medium-term, a rate lower than what would be needed to achieve emerging market status by 2035.
To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.
|Size: ||7.4 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2015|
|ISBN: ||9781513561431 (DRM-EPUB)|
|Read Aloud: ||not allowed|