Cameroon : Requests for Disbursement Under the Rapid Credit Facility, Extension of the Extended Credit Facility Arrangement, and Rephasing of Access-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Cameroon
Author/Editor:
International Monetary Fund. African Dept.
Publication Date:
June 5, 2020
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Cameroon is facing urgent financing needs driven by the twin Covid-19 pandemic and terms of trade shocks. Externally, Cameroon is exposed to demand and supply shocks due to the slowdown in major trading partners (China and Europe) and falling oil prices. Domestically, containment efforts to slow the number of Covid-19 cases, which have grown rapidly since March 6, 2020, are expected to further slow growth and widen the fiscal and current account deficits.
Series:
Country Report No. 2020/185
Subject:
English
Publication Date:
June 5, 2020
ISBN/ISSN:
9781513546339/1934-7685
Stock No:
1CMREA2020002
Format:
Paper
Pages:
42
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