(AGENPARL) - Roma, 4 Agosto 2022 - (AGENPARL) – gio 04 agosto 2022 [IMF Country Reports](http://www.imf.org/external/pubs/cat/scr1_sp.aspx?s_year=1997&e_year=2012&brtype=default)
[Open in your browser](http://www.imf.org/en/Publications/CR/Issues/2022/08/04/Cameroon-521724?cid=em-COM-123-45232)
http://www.imf.org/en/Publications/CR/Issues/2022/08/04/Cameroon-521724?cid=em-COM-123-45232
[Country Report No. 2022/268 : Cameroon: Second Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements, And Requests For Waivers For Performance Criteria Applicability And Modification Of Performance Criterion—Press Release; Staff Report; And Statement By The Executive Director For Cameroon](http://www.imf.org/en/Publications/CR/Issues/2022/08/04/Cameroon-521724?cid=em-COM-123-45232)
AUGUST 04, 2022
http://www.imf.org/en/Publications/CR/Issues/2022/08/04/Cameroon-521724?cid=em-COM-123-45232
Following two years of COVID-19 challenges, Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), is facing a new policy environment. The nascent economic recovery from mid-2021, supported by higher oil prices and non-oil production, is now subject to greater uncertainties with spillovers from the war in Ukraine, high inflationary pressures, especially on food and fuel prices, and a tightening of global financial conditions. Low vaccination rates also leave the country vulnerable to further COVID-19 waves. In July 2021, the IMF’s Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for SDR 483 million (about US$689.5 million, or 175 percent of Cameroon’s quota) to support the country’s economic and financial reform program.
[READ MORE](http://www.imf.org/en/Publications/CR/Issues/2022/08/04/Cameroon-521724?cid=em-COM-123-45232)
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