This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Cameroon and the IMF. Additional information can be found on Cameroon and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Cameroon.

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At a Glance: Cameroon's Relations with the IMF

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News and Highlights

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Cameroon and the IMF

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May 8, 2018

Domestic Revenue Mobilization and Private Investment

Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects. Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018, with growth accelerating in about two-thirds of the countries in the region aided by stronger global growth, higher commodity prices, and improved capital market access. On current policies, average growth in the region is expected to plateau below 4 percent—barely 1 percent in per capita terms—over the medium term. Turning the current recovery into sustained strong growth consistent with the achievement of the SDGs would require policies to both reduce vulnerabilities and raise medium-term growth prospects. Prudent fiscal policy is needed to rein in public debt, while monetary policy must be geared toward ensuring low inflation. Countries should also strengthen revenue mobilization and continue to advance structural reforms to reduce market distortions, shaping an environment that fosters private investment.


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