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Cameroon Selected Issues
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Book Synopsis Cameroon by : International Monetary Fund. African Dept.
Download or read book Cameroon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-08-13 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper aims at providing an empirical underpinning to fiscal policy reforms implemented by the authorities by estimating the size of fiscal multipliers in Cameroon, using a novel long quarterly data set and looking separately at the impact of changes in revenue, and government consumption and investment. The impact of government spending and taxes depends on country characteristics and the stage of the business cycle. The analysis shows that revenue and capital expenditure multipliers in Cameroon are small and comparable to those of other sub-Saharan African and low-income countries. The revenue multiplier is close to nil which implies that revenue-based fiscal consolidation would be less harmful to growth in the medium term. Compared to its peers in sub-Saharan Africa, Cameroon’s revenue multiplier is smaller as is its tax burden relative to the regional average. Conversely, government expenditure can more significantly affect output in the medium term, although the consumption multiplier is unexpectedly much higher than the investment one.
Book Synopsis Cameroon: Selected Issues by : International Monetary
Download or read book Cameroon: Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2022-03-11 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451807996 Total Pages :132 pages Book Rating :4.4/5 (518 download)
Book Synopsis Cameroon by : International Monetary Fund
Download or read book Cameroon written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-12-03 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix presents an overview of economic developments in Cameroon in 1994/95 and 1995/96. After nearly a decade of economic decline, real GDP grew by more than 3 percent in 1994/95 (July/June) and by an estimated 5 percent in 1995/96. Inflation, on an end-of-period basis, decelerated to 13 percent in 1994/95 and to 4 percent in 1995/96. Fiscal performance strengthened considerably, with government revenue rising by about 4 percentage points of GDP between 1993/94 and 1995/96, and total expenditure declining by 6 percentage points, to 17 percent of GDP in 1995/96.
Book Synopsis Cameroon by : International Monetary Fund. African Dept.
Download or read book Cameroon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-12-03 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 recent years, draining scarce budget resources. In addition, SOEs have amassed significant contingent liabilities in the form of debt and arrears. Weak corporate governance is a key factor in SOEs’ poor performance. The reform agenda should include enhancing the monitoring of SOEs, improving disclosure of their contingent liabilities, and strengthening their governance.
Download or read book Cameroon written by Menachem Katz and published by . This book was released on 1999 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cameroon: Selected Issues written by and published by . This book was released on 2007 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cameroon by : International Monetary Fund Staff
Download or read book Cameroon written by International Monetary Fund Staff and published by . This book was released on 1996-11 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Central African Economic and Monetary Community by : International Monetary Fund. African Dept.
Download or read book Central African Economic and Monetary Community written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2016-09-09 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper assesses the appropriate level of international reserves for the Economic and Monetary Community of Central Africa. The management of the regional central bank’s (BEAC’s) international reserves is governed by monetary cooperation agreements with France. In view of current risks, it is suggested that the BEAC should define its target level of international reserves. The BEAC should have a framework that reflects fairly each member state’s contribution to the pooled reserves. The enforcement of the surrender requirement should be based on a finding of noncompliance even if the target level is achieved. The institutional framework for reserve management should also provide for the achievement of the target level.
Book Synopsis Central African Economic and Monetary Community (CEMAC) by : International Monetary Fund. African Dept.
Download or read book Central African Economic and Monetary Community (CEMAC) written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-10-06 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper focuses on the need of improving liquidity management and the operational framework of monetary policy in Central African Economic and Monetary Community (CEMAC). Disconnected policy and lending rates reflect the ineffective interest rate channel of monetary policy transmission while the shallow domestic banking system and the underdeveloped financial markets induce weaknesses of both the credit and asset price channels. In the absence of an efficient interest rate channel, liquidity plays an important role in the conduct of monetary policy. The CEMAC economy is vulnerable to external shocks and its banking system potentially exposed to liquidity shocks. Successful monetary policy implementation requires a set of appropriate instruments to cope with various liquidity shocks. The origins of the surplus liquidity should be well known upfront and addressed with a suitable combination of measures, including foreign exchange, fiscal and financial system development policies. The paper recommends that the Bank of Central African States should investigate all the means to centralize and analyze relevant information for autonomous factors forecasts, including daily operations of Treasuries and foreign exchange operations from its accounting system, as well as banknotes in circulation.
Book Synopsis Cameroon, Selected Issues and Statistical Appendix by :
Download or read book Cameroon, Selected Issues and Statistical Appendix written by and published by . This book was released on 1999 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Chad by : International Monetary Fund. African Dept.
Download or read book Chad written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2016-08-17 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses the structure of the financial sector in Chad and describes the key macro-financial linkages. Macro-financial linkages in Chad are driven by a government sector that dominates economic activities in the more modern sectors of the economy, thanks to oil-related revenues. The main macro-financial linkages are indirect through the associated sharp fiscal adjustment and the government’s quest for additional financing. Direct credit risks linked to the oil sector appear limited. However, there seems to be a link between declining oil prices and deteriorating banking soundness indicators. The current economic conditions negatively affect private companies dependent on public contracts, potentially hitting the health of banks’ loan portfolios.
Book Synopsis Kenya by : International Monetary Fund. African Dept.
Download or read book Kenya written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-10-23 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes Kenya’s success in boosting financial inclusion. Kenya has become a regional and global leader in mobilizing new technologies to advance financial inclusion, poverty reduction, and growth. The rapid progress of financial inclusion in Kenya has been a result of a friendly environment for the absorption of information technology, dynamic local banks, and open and stable regulations. Advances in financial inclusion over the past 10 years have allowed Kenyans to reap many of the benefits of financial access at a much faster pace than the typical cycle of financial deepening in low- and middle-income countries. Mobile financial services have lowered the transaction cost of remittances, allowing Kenyan households to smooth consumption in the face of shocks and significantly reducing poverty.
Book Synopsis Central African Economic and Monetary Community (CEMAC) by : International Monetary Fund. African Dept.
Download or read book Central African Economic and Monetary Community (CEMAC) written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-01-03 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper looks at some Central African Economic and Monetary Community (CEMAC) specific regional dimensions of a possible strategy to enhance governance, which would support specific reforms in this area at the country level. The paper describes the specific dimensions of governance covered in the note. The paper also analyzes governance and corruption in the areas of public financial management, anti-money laundering, and the link between the oil sector and public resources. The CEMAC regional institutions will have to play a central role to lead progress in these areas, and support member countries’ own efforts. Due to such actions result in giving a coherent framework to actions conducted at the country level, the synergic dimension can spur a virtuous circle, key to earn the benefit of an economic and monetary union. The success of the regional strategy that CEMAC member countries and regional institutions are implementing to exit the severe crisis they are facing depends critically on creating the conditions for laying the ground for a diversified economy, within a well-functioning regional market and an environment that provides opportunities for all and where public resources are geared to most productive use.
Book Synopsis Central African Economic and Monetary Community by : International Monetary Fund. African Dept.
Download or read book Central African Economic and Monetary Community written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2016-09-08 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper assesses the appropriate level of international reserves for the Economic and Monetary Community of Central Africa. The management of the regional central bank’s (BEAC’s) international reserves is governed by monetary cooperation agreements with France. In view of current risks, it is suggested that the BEAC should define its target level of international reserves. The BEAC should have a framework that reflects fairly each member state’s contribution to the pooled reserves. The enforcement of the surrender requirement should be based on a finding of noncompliance even if the target level is achieved. The institutional framework for reserve management should also provide for the achievement of the target level.
Book Synopsis "These Killings Can be Stopped" by : Jonathan Pedneault
Download or read book "These Killings Can be Stopped" written by Jonathan Pedneault and published by . This book was released on 2018 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Based on research in the region, satellite imagery analysis and video analysis, this report found that both government forces and armed separatists have abused civilians in the western part of the country, displacing over 180,000 people since December 2017. Anglophone separatists have extorted, kidnapped and killed civilians, and prevented children from going to school. In response to protests and violence by armed separatists, government forces have killed civilians, used excessive force against demonstrators, tortured and mistreated suspected separatists and detainees, and burned hundreds of homes in several villages."--Publisher website, viewed August 14, 2018.
Book Synopsis Oil Wealth in Central Africa by : Mr.Bernardin Akitoby
Download or read book Oil Wealth in Central Africa written by Mr.Bernardin Akitoby and published by International Monetary Fund. This book was released on 2012-08-16 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Drawing on new research, Oil Wealth in Central Africa lays out the macroeconomic and growth challenges facing the region; examines oil wealth management and its implications for poverty reduction; and includes four case studies that exemplify lessons learned.
Book Synopsis Cameroon: Requests for Three-Year Arrangements Under the Extended Credit Facility and the Extended Fund Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Cameroon by : International Monetary
Download or read book Cameroon: Requests for Three-Year Arrangements Under the Extended Credit Facility and the Extended Fund Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Cameroon written by International Monetary and published by International Monetary Fund. This book was released on 2021-08-10 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the repercussions of the COVID-19 pandemic. Since the onset of the pandemic, the IMF’s Executive Board has approved two disbursements under the Rapid Credit Facility (RCF) totaling SDR 276 million, about US$ 382 million or 100 percent of Cameroon’s quota. Cameroon’s last arrangement under the Extended Credit Facility (ECF) ended in September 2020, without completion of the sixth and final review. The authorities have requested new arrangements from the IMF to help maintain external sustainability, implement their ambitious reform agenda—laid out in the National Development Strategy for 2020-30 (SND30)—and catalyze financial support from other donors.
