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Cover -- CONTENTS -- ESTIMATING THE FISCAL MULTIPLIERS FOR CAMEROON -- A. Introduction -- B. Fiscal Multipliers: Theory, Model and Estimation -- C. Conclusion and Policy Implications -- BOX -- 1. Tax Potential and Spending Efficiency -- FIGURES -- 1. Economic Growth and Public Investment -- 2. Public Debt and Primary Balance, 2009-17 -- 3. Baseline Model: Response of GDP to Fiscal Shocks -- 4. Local Projections Revenue Model: Response of GDP to Fiscal Shocks -- TABLE -- 1. Baseline Model: Cumulative Fiscal Multipliers -- ANNEX -- I. Methodology -- References -- ASSESSING THE INCIDENCE OF FISCAL POLICY ON POVERTY AND INEQUALITY -- A. Introduction -- B. Assessing Existing Fiscal Policy Instruments -- C. Policy Simulations -- D. Conclusions and Policy Recommendations -- FIGURES -- 1a. Real GDP Growth, 2000-16 -- 1b. Investment to GDP, 2000-16 -- 2a. Poverty Rate -- 2b. Poverty Line Headcount -- 3a. Gini Coefficients -- 3b. Gini Coefficient for Low Income and Lower Middle Income Countries -- 4. Revenue Sources, 2017 -- 5. Government's Primary Spening, 2014 -- 6a. Education Spending -- 6b. Health Spending -- 7a. Poverty Headcount -- 7b. Gini Coefficient -- 8a. Benefits and Indirect Taxes, Urban -- 8b. Benefits and Indirect Taxes, Rural -- 9a. Energy Subsidies, Urban -- 9b. Energy Subsidies, Rural -- 10. In-kind Transfers -- 11a. Change in Poverty Rate from Elimination of VAT Exemptions -- 11b. Change in Gini Coefficient from Elimination of VAT Exemptions -- 12a. Change in Poverty Rate from Elimination of Energy Subsidies -- 12b. Change in Gini Coefficient from Elimination of Energy Subsidies -- References -- ADDRESSING GENDER GAPS IN CAMEROON TO ENHANCE INCLUSIVE GROWTH -- A. Introduction -- B. Gender Gaps in Cameroon -- C. Macroeconomic Impact of Gender Gaps in Cameroon and Potential Gains -- D. Policy Recommendations -- BOXES.
In: Journal of contemporary African studies, Band 29, Heft 1, S. 49-62
ISSN: 1469-9397
In: Journal of contemporary African studies, Band 29, Heft 1, S. 49-62
ISSN: 0258-9001
World Affairs Online
In: IMF Staff Country Reports v.Country Report No. 14/212
KEY ISSUESContext. Cameroonâ??s macroeconomic outlook and risks have deteriorated slightly sincethe 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
Cover -- CONTENTS -- Glossary -- CONTEXT -- RECENT DEVELOPMENTS -- PROGRAM PERFORMANCE -- POLICY DISCUSSIONS -- A. Outlook and Risks -- B. Fiscal Policy: Preserving the Fiscal Consolidation Path -- C. Strengthening Fiscal Governance: Bosting Non-Oil Revenue Mobilization and Improving Public Financial Management -- D. Debt Policies: Maintaining Debt Sustainability and Controlling Contingent Risks -- E. Monetary and Financial Sector Policies: Accelerating Reforms and Expanding Financial Access -- F. Structural Policies and Governance: Enhancing Private Sector-Led Growth -- PROGRAM MODALITIES -- STAFF APPRAISAL -- FIGURES -- 1. Real Developments, 2015-18 -- 2. Fiscal Developments, 2014-18 -- 3. External Sector Developments, 2012-18 -- 4. Monetary Developments, 2014-18 -- 5. Financial Sector Developments, 2012-18 -- TABLES -- 1. Selected Economic and Financial Indicators, 2016-23 -- 2a. Central Government Operations, 2016-23 (CFAF billion) -- 2b. Central Government Operations, 2016-23 (Percent of GDP) -- 3. Balance of Payments, 2016-23 -- 4. Monetary Survey, 2016-23 -- 5. Financial Soundness Indicators, 2014-18 -- 6. Risk Assessment Matrix -- 7. External Financing Requirements, 2016-23 -- 8. Gross Financing Needs, 2016-23 -- 9. Proposed Schedule of Disbursements Under the ECF Arrangement, 2017-20 -- 10. Capacity to Repay the Fund, 2016-32 -- ANNEXES -- I. Progress in Financial Sector Reforms -- II. Corruption and Governance in Cameroon -- APPENDIX -- I. Letter of Intent -- Attachment I. Supplementary Memorandum of Economic and Financial Policies, 2017-19 -- Attachment II. Technical Memorandum of Understanding
Cover -- CONTENTS -- Glossary -- CONTEXT -- RECENT DEVELOPMENTS -- PROGRAM PERFORMANCE -- OUTLOOK AND RISKS -- POLICY DISCUSSIONS -- A. Policy Theme # 1: Achieving a Growth-Friendly Fiscal Consolidation While Protecting the Poorest -- B. Policy Theme # 2: Maintaining Debt Sustainability and Addressing Fiscal and Financial Risks -- C. Policy Theme # 3: Boosting Competitiveness -- PROGRAM MODALITIES -- STATISTICAL ISSUES -- STAFF APPRAISAL -- BOXES -- 1. Security Risks and the Anglophone Region Crisis -- 2. The 2018 Audit of Domestic Arrears -- 3. Tax Potential -- 4. Addressing Gender Gaps to Boost Inclusive Growth -- 5. Financial Inclusion in Cameroon -- FIGURES -- 1. Real Sector Developments, 2011-18 -- 2. Fiscal Sector Developments, 2011-17 -- 3. External Sector Developments, 2011-18 -- 4. Monetary Developments, 2014-18 -- 5. Financial Sector Developments, 2012-18 -- 6. Gender Gaps -- 7. Build-up of Contingent Liabilities from SOEs, 2009-17 -- 8. Financial Inclusion -- TABLES -- 1. Selected Economic and Financial Indicators, 2016-23 -- 2a. Central Government Operations, CFAF billions, 2016-23 -- 2b. Central Government Operations, in percent of GDP, 2016-23 -- 3. Balance of Payments, 2016-23 -- 4. Monetary Survey, 2016-23 -- 5. Financial Sector Indicators, 2014-18 -- 6. Risk Assessment Matrix -- 7. External Financing Requirements, 2015-23 -- 8. Gross Fiscal Financing Needs, 2016-23 -- 9. Proposed Schedule of Disbursements Under the ECF Arrangement, 2017-20 -- 10. Capacity to Repay the Fund, 2016-32 -- ANNEXES -- I. Implementation of Past Fund Advice -- II. Impact of Fiscal Policy on Growth -- III. Distributional Impact of Fiscal Policy -- IV. External Stability Assessment -- V. Capacity Development Strategy 2018-20 -- APPENDIX -- I. Letter of Intent -- Attachment I. Supplementary Memorandum of Economic and Financial Policies, 2017-19.
Cover -- CONTENTS -- Glossary -- BACKGROUND AND RECENT DEVELOPMENTS -- PROGRAM PERFORMANCE -- POLICY DISCUSSIONS -- A. Outlook and Risks -- B. Fiscal Policy: Maintaining Fiscal Discipline and Rebuilding Buffers -- C. Strengthening Fiscal Governance: Pressing on with Structural Fiscal Reforms -- D. Debt Policies: Maintaining Debt Sustainability and Controlling Risks from Contingent Liabilities -- E. Monetary and Financial Sector Policies: Accelerating Reforms -- F. Enhancing Governance and the Business Climate -- PROGRAM MODALITIES -- STAFF APPRAISAL -- FIGURES -- 1. Real Sector Developments, 2015-19 -- 2. Fiscal Sector Developments, 2013-19 -- 3. External Sector Developments, 2012-19 -- 4. Monetary Sector Developments, 2014-19 -- 5. Financial Sector Developments, 2012-19 -- TABLES -- 1. Selected Economic and Financial Indicators, 2016-24 -- 2a. Central Government Operations, 2016-24 -- 2b. Central Government Operations, 2016-24 -- 3. Balance of Payments, 2016-24 -- 4. Monetary Survey, 2016-24 -- 5. Financial Soundness Indicators, 2014-19 -- 6. Risk Assessment Matrix -- 7. External Financing Requirements, 2017-24 -- 8. Gross Fiscal Financing Needs, 2016-24 -- 9. Proposed Schedule of Disbursements under the ECF Arrangement, 2017-20 -- 10. Capacity to Repay the Fund, 2016-33 -- ANNEXES -- I. Fuel Pricing and Subsidies -- II. The Treasury Single Account Reform in Cameroon -- III. The Macroeconomic Impact of Enhancing Public Investment Efficiency -- APPENDIX -- I. Letter of Intent -- Attachment I. Supplementary Memorandum of Economic and Financial Policies, 2017-19 -- Attachment II. Technical Memorandum of Understanding.
In: Africa research bulletin. Political, social and cultural series, Band 61, Heft 1
ISSN: 1467-825X
In: Africa research bulletin. Economic, financial and technical series, Band 58, Heft 11
ISSN: 1467-6346
In: Africa research bulletin. Political, social and cultural series, Band 56, Heft 1
ISSN: 1467-825X