Cameroon [electronic resource] : Staff Report for the 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility, and Request for a Waiver of Performance Criterion.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 02/258Publication details: Washington, D.C. : International Monetary Fund, 2002Description: 1 online resource (105 p.)ISBN: 1451808100 :ISSN: 1934-7685Subject(s): Budget | Debt Relief | Debt | Expenditure Management | External Debt | CameroonAdditional physical formats: Print Version:: Cameroon : Staff Report for the 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility, and Request for a Waiver of Performance CriterionOnline resources: IMF e-Library | IMF Book Store Abstract: This paper evaluates Cameroon's 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for a Waiver of Performance Criterion. During the first half of the second annual program (October 2001-March 2002), economic activity expanded at a somewhat slower pace than projected, but continued to be strong. Although all the structural benchmarks were observed, the end-March 2002 performance criterion was missed. Good progress continued in implementing policies to strengthen non-oil revenue mobilization, and steps were taken to improve governance.
This paper evaluates Cameroon's 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for a Waiver of Performance Criterion. During the first half of the second annual program (October 2001-March 2002), economic activity expanded at a somewhat slower pace than projected, but continued to be strong. Although all the structural benchmarks were observed, the end-March 2002 performance criterion was missed. Good progress continued in implementing policies to strengthen non-oil revenue mobilization, and steps were taken to improve governance.
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