Cameroon : selected issues /
"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 deposits h...
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|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2014
|
| Series: | IMF country report ;
no. 14/213 |
| Subjects: | |
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| 020 | |a 9781498376488 |q (e-book) | ||
| 020 | |a 9781498396011 | ||
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| 043 | |a f-cm--- | ||
| 049 | |a MAIN | ||
| 050 | 4 | |a HC59.15.I15 |b No. 14/213eb | |
| 100 | 1 | |a Bissessur, Jitendra, |e author | |
| 245 | 1 | 0 | |a Cameroon : |b selected issues / |c prepared by Jitendra Bissessur [and 7 others] |
| 264 | 1 | |a Washington, D.C. : |b International Monetary Fund, |c 2014 | |
| 264 | 4 | |c ©2014 | |
| 300 | |a 1 online resource (91 pages) : |b color illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Country Reports ; |v no. 14/213 | |
| 500 | |a "July 2014." | ||
| 500 | |a "June 13, 2014"--Page 2 of pdf | ||
| 500 | |a "Prepared by Jitendra Bissessur [and others]"--Page 2 of pdf | ||
| 504 | |a Includes bibliographical references | ||
| 505 | 0 | |a ""Cover""; ""CONTENTS""; ""INFRASTRUCTURE ROAD MAP""; ""A. Introduction""; ""B. Infrastructure Needs""; ""C. Public Investment""; ""D. Public-Private Partnerships""; ""REFERENCES""; ""BOXES""; ""1. Public-Private Partnership versus Traditional Procurement?""; ""2. Constructing the Public Capital Stock""; ""FIGURES""; ""1. Sub-Saharan Africa: Infrastructure Rankings, 2013�14""; ""2. Sub-Saharan Africa: Real GDP Growth, Public Investment, and Capital, 2000�12""; ""3. Public Investment, 2002-19""; ""4. Public Investment and Capital Projections, 1990�2030"" | |
| 505 | 8 | |a ""2. Poverty by Region, 2007�11""""3. Growth Incidence Curves, 2001�11""; ""4. Expenditure and Revenue, 2008�12""; ""5. Public Expenditure, 2008�12""; ""6. Public Expenditure by Sector, 2008�12""; ""7. Pensions Execution Ratios, 2008�12""; ""TABLES""; ""1. Selected Real Sector Indicators, 2007�11""; ""FISCAL REGIME OF THE OIL SECTOR""; ""A. Introduction and Methodology""; ""B. Overview of Cameroon�s Oil Sector""; ""C. Legal and Tax Framework for the Oil Sector""; ""D. Cameroon�s Oil Fiscal Regime""; ""E. Fiscal Regime Modeling""; ""F. Issues for Consideration"" | |
| 505 | 8 | |a ""5. Public Capital and Public-Private Partnership Capital Stocks, 1970�2011""""TABLES""; ""1. Selected Large Infrastructure Projects Planned""; ""2. Public-Private Partnership Projects by Sector, 1994�2013""; ""3. An Example of a Good Gateway Process""; ""POVERTY, INCLUSIVENESS, AND THE BUDGET""; ""A. Introduction""; ""B. Poverty Incidence and Developments""; ""C. Budget Policies and Inclusiveness""; ""D. Recommendations""; ""REFERENCES""; ""BOXES""; ""1. Poverty Data Imputation""; ""2. Understanding Growth Incidence Curves""; ""FIGURES""; ""1. Poverty Incidence, 1996�2011"" | |
| 505 | 8 | |a ""8. Breakdown of Government Revenues in Example PSC""""9. Comparative Analysis � Price and Cost Sensitivity""; ""10. Quarterly Average Oil Prices, 2004�2013""; ""PUBLIC WAGE BILL DETERMINANTS""; ""A. Introduction""; ""B. Determinants of the Public Wage Bill and Civil Service""; ""C. Wage Bill Projections""; ""D. Issues and Options""; ""REFERENCES""; ""BOXES""; ""1. Structure of the Civil Service""; ""2. Civil Service Flows""; ""3. Compensation in the Civil Service""; ""FIGURES""; ""1. Selected SSA Countries: Public Wage Bill, 2006�12"" | |
| 520 | |a "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 deposits have dwindled; and payment delays have continued. The anticipated growth path may not suffice to reach upper-middle-income country status by 2035. Focus of the consultation and risks. The overarching policy issue remains unchanged: how to set Cameroon on a higher growth path, while mitigating low but growing risks to macroeconomic stability. Spillovers from regional insecurity have become the main exogenous risk; endogenous risks stem from rising contingent liabilities and credit concentration. Past policy advice remains relevant. Key policy recommendations: Strengthen cash management and expenditure controls to prevent a further accumulation of payment deferrals. Close the financing gap in 2014, and adopt a downward path for the non-oil primary deficit to rebuild fiscal space and preserve macroeconomic stability. Improve non-oil revenue by broadening the tax base and streamlining tax exemptions. Reprioritize public expenditure by reducing fuel subsidies gradually; provide targeted compensation measures for the most vulnerable. Increase the selectivity of investment projects and adopt a rigorous screening of the financing terms to ensure debt sustainability. Pursue the resolution of three small distressed banks and support the strengthening of regional bank and microfinance supervision. Promote higher and more inclusive growth through better targeted educational and social spending, a propitious business climate, and deeper regional integration"--Abstract | ||
| 588 | 0 | |a Online resource; title from pdf title page (IMF Web site, viewed July 21, 2014) | |
| 650 | 0 | |a Income distribution |z Cameroon | |
| 650 | 7 | |a Business & Economics |2 hilcc | |
| 650 | 7 | |a Economic History |2 hilcc | |
| 650 | 7 | |a Income distribution |2 fast | |
| 651 | 7 | |a Cameroon |2 fast | |
| 655 | 0 | |a Electronic books | |
| 655 | 4 | |a Electronic books | |
| 710 | 2 | |a International Monetary Fund, |e issuing body | |
| 776 | 0 | 8 | |i Print version: |t Cameroon : selected issues |d Washington, District of Columbia : International Monetary Fund, ©2014 |h 90 pages |k IMF country report ; 14/213 |z 9781498396011 |
| 830 | 0 | |a IMF country report ; |v no. 14/213 | |
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