Africa: Bold Fiscal Reforms Can Unlock Cameroon’s Full Potential

Yaoundé — The World Bank today launched today two flagship economic reports: the 2024 Cameroon Economic Update and the Cameroon Public Finance Review.

Entitled “Fiscal Instruments for Sustainable Forestry,” the economic update analyzes recent economic developments and presents the country’s medium-term outlook. Cameroon’s economic growth decelerated to 3.3% in 2023 from 3.6% in 2022, affecting all economic sectors due to lower-than-expected public investment, rising prices, and ongoing internal…