By DOH JAMES SONKEY
The head of delegation of the International Monetary Fund, IMF to Cameroon, Corinne Delechat has underlined that Cameroon’s performance continues to be satisfactory especially in terms of net progression at the level of non petroleum revenues and in budgetary consolidation.
She made the declaration last April 23, 2019 at the Ministry of Economy, Planning and Regional Development in Yaounde at the end of a joint IMF-World Bank-African Development Bank working session within the framework of the 4th review of performance of the economic and financial programme concluded with the IMF for the period 2017-2020 and supported by the Enlarged Credit Facility.
Ousmane Mey, Minister Del, Paul Tasong
The visiting delegation of this Bretons Wood institution on a review mission to Cameroon from April 23 to May 3, 2019 equally consisting of Mamadou Barry, Johanna Schauer, Mousse Sow, Jean Portier, Kalin Tintchev, Fabien Nsengiyumva and Prince Tchakote participated at a lengthy working session with the Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey in the presence of Minister Delegate to the Minister of Economy, Paul Tasong on the macroeconomic equilibrium, overall fiscal balances presentation of regional economic perspectives etc.
Corrine Delechat used the occasion to invite Cameroonian authorities to be exigent in placing projects in a hierarchical manner and at the follow up level of their quality executions in order to make sure that ongoing projects are executed satisfactorily and at the same time making sure that the debt is not increasing too fast.
In a chat with reporters, the head of the IMF delegation said “we discussed with Minepat officials on the type of priority projects which can accelerate growth in the country. It is the 4th programme review mission with Cameroon but it is also the programme with CEMAC. The stakes remain the same to maintain budgetary balance at the regional level. The fact that we are having this 4th review on time means that the programme is going well. Since June 2017 we have noted that Cameroon’s progress is quite impressive.”