There is 1 ruling party. Traditional courts administer the laws. Traditional rulers are treated as administrative adjuncts. Suffrage is universal adult. The central government budget is 1. There are 10 provinces and 4 major cities. China has Overindebtedness could be problematic because of the need to support economic recovery in and to carry out the major structuring projects envisioned in its new national development strategy for to Skip to main content.
Recent macroeconomic and financial developments In , the Cameroonian economy was strongly impacted by the combined effects of the COVID—19 pandemic, the persistence of security and political crises and the decline in world oil prices. Outlook and risks Subject to the availability of a vaccine at the beginning of and the gradual extinction of the COVID—19 pandemic from the second half of , the Cameroonian economy, buoyed by the recovery of the world economy and international trade, could return to prepandemic growth levels as early as Email Print.
Tweet Share Share LinkedIn. Stumble Upon. Moreover economic growth has not translated into equitable poverty reduction, largely due to spatial and social inequities, an unfavorable business environment including infrastructure lags, and weak governance.
Yet, Cameroon has strong potential to develop and build on its vast potential, including important natural resources to ensure inclusive economic growth and poverty reduction. It also helped increase our benefits and secure our livelihoods. Moving Forward The main development challenge for Cameroon over the next decade, and critical to the country becoming an emerging economy, will be to accelerate growth in a fiscally responsible way, and to assure that growth is sustainably and equitably translated into poverty reduction.
This project is co-financed by the Global Financing Fund. A case in point is the new Nachtigal hydroelectric power plant on the Sanaga River, which will increase installed capacity by MW. Beneficiary Voices At the start of the pilot social safety net project 65, poor households in five regions , Mr. Cameroon Home Health.
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Political Context The first regional elections were held in December Development Challenges Ranked out of countries in the Transparency International corruption perceptions index, Cameroon suffers from weak governance, hindering its development and ability to attract investors. Last Updated: Oct 10, Better Access and Quality of Health Services The Health Sector Support Investment Project provides financial resources and a performance-based incentive system to boost outcomes in health facilities across 26 districts covering a total population of 2.
Improving the Quality and Efficiency of the Education System The Equity and Quality for Improved Learning Project is supporting a transition from teachers in public schools being paid by parents to government contract teachers.
What's New. In Depth. Oct 06, Additional Resources. Country Office Contacts.
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