IMF and World Bank inspection mission in Cameroon

Experts from the IMF and the World Bank have just started a new inspection mission in Cameroon, within the framework of traditional consultations between these Bretton Woods institutions and their members.

We come approximately every six months from Washington to have discussions with the authorities on the economic situation in the country, recent economic developments and short-term prospects”, explained Mario de Zamaroczy, the Head of Mission. This was after a working session at the Ministry of Economy.

In two weeks, the report of this assessment mission of the Cameroonian economy should be ready. As has been the case for several years now, the IMF and World Bank experts should once again focus the Cameroonian authorities' attention on the rate of public indebtedness, which more importantly, is significantly due to non-concessional terms this time.