Macroeconomic Forecast Cameroon

October 2008 | Macroeconomic Forecasts

Although we forecast that sagging demand in the world economy will cause oil prices to continue their aggressive downward correction in 2009, the negative fiscal implications for Cameroon, as an oil producing nation, are not as pronounced as might initially be feared. In fact, the government should continue recording fiscal surpluses, with our forecasts standing at 1.6% and 1.9% of GDP for 2009 and 2010, respectively.

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