This 2015 Article IV Consultation highlights that Cameroon's economy has shown resilience in the face of the twin shocks of the oil price slump and heightened security threats, with the robust growth of 2014 continuing into 2015. Growth is broad-based and projected to reach 5.9 percent in 2015,...

This Selected Issues paper examines recent performance and reform agenda for Cameroon's state-owned enterprises (SOEs). Cameroon's SOEs are important providers of formal employment and have a large weight in the economy. The profitability and financial autonomy of SOEs have deteriorated in...

This paper highlights Cameroon's Fourth Reviews under the Extended Credit Facility and the Extended Fund Facility Arrangements, and Requests for Waiver for Nonobservance of Performance Criterion and Modification of Performance Criteria. Cameroon's economic recovery has continued in an uncertain...

Following two years of COVID-19 challenges, Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), is facing a new policy environment. The nascent economic recovery from mid-2021, supported by higher oil prices and non-oil production, is now subject to greater...

Climate change presents substantial risks for Cameroon. In addition to being the largest CEMAC economy with ample economic potential and abundant natural resources, Cameroon covers large areas of the Congo Basin rainforest, the second largest in the world. At the same time, the country is a...

Cameroon's economic recovery has continued against a backdrop of domestic security pressures, increased regional spillover risks, and continuing global economic uncertainties. Inflation remains high although decelerating, and while Cameroon is the largest CEMAC economy with ample economic...

This Selected Issues paper examines infrastructure needs in Cameroon and makes policy recommendations to address them. In doing this, it provides advice to strengthen the public investment management framework, including public-private partnerships (PPP). The paper reviews the recent experience...

KEY ISSUES Context. Cameroon’s macroeconomic outlook and risks have deteriorated slightly since the Article IV consultation in 2013. Economic activity has remained strong and inflation subdued, but the fiscal position has worsened; public debt has been rising at a less sustainable pace; government...

Economic recovery has continued in the face of successive external shocks. While global headwinds are moderating, domestic and regional risks may intensify with persisting security challenges and possible social tensions around Presidential elections expected in late 2025. Completion of the...