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872
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174
968
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28 values
Review Status
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Economic Code
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30.4
Economic Descriptor
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33
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11
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).
1
Continuous
SB
Objective: strengthen public financial management. Monthly structural benchmark from end-June.
2
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Prepare an inventory of all accounts of public administrative establishments with commercial banks, and strictly limit the opening of new bank accounts.
2
06/30/2017
M
Objective: Improve and rationalize cash flow management
2
2
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Adopt a strategy to gradually expand the coverage of the Treasury single account.
3
09/30/2017
M
Objective: Improve and rationalize cash flow management
2
3
2017-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
06/30/2017
M
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017
2
1
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
12/31/2017
MD
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017. At R2, the quarterly budget execution report, delayed due to the complementary period, was published on April 5.
2
1
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
Continuous
SB
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017
2
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
23.2
4.2. Other social sector reforms (e.g., social safety nets, health and education)
Develop a national social protection strategy (or policy) to be implemented starting with the 2018 budget law.
1
12/31/2017
M
Objective: protect vulnerable segments of the population. Indicator: Consultant Report.
2
1
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25
6. Financial sector
Decide the business model of the SME-Bank
1
08/31/2018
SB
N/A
2
1
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Adopt and submit to the Central African Banking Commission (COBAC) a strategy to clear the commercial banks' overdue claims.
1
09/30/2017
M
Objective: Stimulate credit to the private sector. Met, strategy to be completed.
2
1
2017-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Adopt a resolution plan for banks in difficulty to be submitted to the COBAC.
2
08/31/2017
MD
Objective: maintain the stability of the financial sector. As per SR: Not met, executed on 09/27/2017.
2
2
2017-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Expand access to creditor databases to all credit and microfinance institutions.
3
03/31/2018
M
Objective: facilitate access to credit, especially for small and medium-scale enterprises (SMEs)
2
3
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Computerize the movable collateral registry.
4
03/31/2018
MOD-DATE
Objective: facilitate access to credit, particularly for SMEs. Not met, reproposed for Dec-18.
2
4
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Computerize the movable collateral registry.
4
12/31/2018
SB
N/A
2
4
2018-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.
5
03/31/2018
MOD-DATE
Objective: reduce working capital requirements for SMEs
2
5
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.
5
06/30/2018
SB
In progress
2
5
2018-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Revise the plan for dealing with troubled banks.
6
06/30/2018
MOD-DATE
Plan finalized in consultation with Fund staff. Reformulated and proposed for August 2018.
2
6
2018-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Revise the plan for dealing with troubled banks.
6
08/31/2018
SB
N/A
2
6
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Provide training in banking dispute resolution for commericla court judges in the major business centers.
7
12/31/2018
SB
At least 10 judges trained in the fiscal year. In progress.
2
7
2018-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Sign a performance contract with the management of the state-owned bank.
8
07/31/2018
SB
N/A
2
8
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Adoption by MINFI and MINEPAT of a plan to reduce SENDs related to projects that are not mature, that includes measures to reduce SENDs linked to non-performing projects by at least one-third by end-December 2018.
9
07/31/2018
SB
N/A
2
9
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
25.2
6.2. Restructuring and privatization of financial institutions
Evaluate (cost and feasability) the resolution options of the troubled banks.
1
08/31/2018
SB
N/A
2
1
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
29
10. Economic statistics (excluding fiscal and central bank transparency and similar measures)
Implement the interface between the taxpayer registration database (NIU) and the tax management application (MESURE)
1
07/06/2018
MOD-DATE
At R2, not met, reformulated and proposed for end-July 2018
2
1
2018-07-06
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
29
10. Economic statistics (excluding fiscal and central bank transparency and similar measures)
Implement the interface between the taxpayer registration database (NIU) and the tax management application (MESURE)
1
07/31/2018
SB
new test date reset from R2
2
1
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
29
10. Economic statistics (excluding fiscal and central bank transparency and similar measures)
Implement the interface between the active taxpayers' database (FISCALIS) and the tax management application (MESURE)
2
07/31/2018
SB
N/A
2
2
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
30
11. Other structural measures
Monthly monitoring of disbursement requests and actual disbursements.
1
07/31/2018
SB
Monthly starting in July 2018
2
1
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
30
11. Other structural measures
Monthly monitoring of disbursement requests and actual disbursements.
1
Continuous
SB
Monthly starting in July 2018
2
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-07-06
P1
R2
BLANK
SB
30
11. Other structural measures
As part of the strategy to expand the Treasury Single Account (TSA), establish a calendar for the closure and repatriation of the Bank accounts of the EPAs and some of the accounts of CAA
2
07/31/2018
SB
N/A
2
2
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.3
1.3. Expenditure measures, including arrears clearance
Issue a supplementary circular to the circular N 001/C/MINFI of January 06, 2018, which strictly limits the derogatory spending procedures.
1
Second Review Prior action
M
N/A
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.3
1.3. Expenditure measures, including arrears clearance
Clearance of part of the domestic payment arrears accumulated at end-2017 by end-March 2018, up to CFAF 212 billion.
2
Second Review Prior action
M
N/A
3
2
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.3
1.3. Expenditure measures, including arrears clearance
Adoption by the MINFI and MINEPAT of a time-bound action plan to validate and reduce identified non-performing SENDs through cancellation of already-closed projects or reallocation to new priority investment needs
3
Third Review Prior action
M
N/A
3
3
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.5
1.5. Debt Management
Issue a directive signed by the Minister of Finance stating that the National Public Debt Committee (CNDP) must issue a prior opinion for any external indebtedness on the part of public enterprises (other than debts arising from normal commercial transactions).
1
Program Prior Action
M
Objective: strengthen control of public borrowing by public enterprises
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.6
1.6. Expenditure auditing, accounting, and financial controls
Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).
1
Program Prior Action
M
Objective: strengthen public financial management. Monthly structural benchmark from end-June.
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
Program Prior Action
M
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Submit to parliament the bills for the transportation of CEMAC's directives on financial regime of state and public entities and transparency and governance in public financial management.
2
Second Review Prior action
M
N/A
3
2
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.8
1.8. Budget preparation (e.g., submission or approval)
Adopt a budget calendar to facilitate alignment of the medium-term budget framework (MTBF) with the annual budgets as well as alignment of the preparation of the capital budget with that of the recurrent budget.
1
Program Prior Action
M
Objective: improve short- and medium-term budget planning
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.8
1.8. Budget preparation (e.g., submission or approval)
Submit to parliament's approval a supplementary 2018 budget in line with program objectives.
2
Second Review Prior action
M
N/A
3
2
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
PA
20.8
1.8. Budget preparation (e.g., submission or approval)
submit to parliament a 2019 budget in line with program objectives.
3
Third Review Prior action
M
N/A
3
3
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20
1. General government
Prohibit any new funding of 450 correspondent accounts using budget allocations and of 420 accounts for which there is no principal accountant, by making all investment projects subject to regular budgetary procedures.
1
01/31/2018
M
Audit report submitted to Fund staff.
3
1
2018-01-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.1
1.1. Revenue measures, excluding trade policy
Improve collection of the property tax by linking it to the electricity distribution system, and share the revenue from the tax between the central government and the decentralized units of government.
1
12/31/2017
MOD-DATE
Objective: increase mobilization of nonpetroleum revenue
3
1
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.1
1.1. Revenue measures, excluding trade policy
Improve collection of the property tax by linking it to the electricity distribution system, and share the revenue from the tax between the central government and the decentralized units of government.
1
12/31/2018
NM
In progress
3
1
2018-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.1
1.1. Revenue measures, excluding trade policy
Prepare a report (i) evaluating the efficacy of the new VAT escrow account funding and (ii) proposing, in cooperation with the Directorate General of Treasury, a plan to clear the stock of appropriations identified at December 31, 2016.
2
12/31/2017
M
Objective: increase mobilization of revenue and improve the business environment
3
2
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.1
1.1. Revenue measures, excluding trade policy
Close all accounts for non-revenue generating entities (mainly public administrations such as sectoral ministries and public agencies), and stop the transfer of new budget appropriations to these accounts.
3
08/31/2018
MOD-DATE
N/A
3
3
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.1
1.1. Revenue measures, excluding trade policy
Close all accounts for non-revenue generating entities (mainly public administrations such as sectoral ministries and public agencies), and stop the transfer of new budget appropriations to these accounts.
3
06/30/2019
SB
N/A
3
3
2019-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Strengthen information sharing between the Directorate General of Taxes (DGI) and the Directorate General of Customs (DGD). The two administrations will jointly prepare quarterly reports identifying, inter alia, results in terms of the identification of fraud and additional revenue collected.
1
06/30/2017
M
Objective: increase mobilization of nonpetroleum revenue. Quarterly beginning June 2017.
3
1
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Strengthen information sharing between the Directorate General of Taxes (DGI) and the Directorate General of Customs (DGD). The two administrations will jointly prepare quarterly reports identifying, inter alia, results in terms of the identification of fraud and additional revenue collected.
1
Quarterly
SB
Objective: increase mobilization of nonpetroleum revenue. Quarterly beginning June 2017.
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Complete implementation of biometric taxpayer registration.
2
06/30/2018
MOD-SB
Objective: increase mobilization of revenue. At R1, this SB is modified.
3
2
2018-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Publish a communique conditioning the customs clearance operations of the goods to the existence of the professional taxpayers in the active file of the DGI.
3
07/31/2018
M
N/A
3
3
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Prepare quarterly reconciliation of import declarations and scanner images validated by SGS and assessed customs values.
4
09/30/2018
M
Quarterly starting in September 2018.
3
4
2018-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Prepare quarterly reconciliation of import declarations and scanner images validated by SGS and assessed customs values.
4
Quarterly
SB
Quarterly starting in September 2018.
3
4
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.2
1.2. Revenue administration, including customs
Close all correspondent accounts for non-revenue generating entities (mainly public administrations such as sectoral ministried and public agencies) and stop the transfer of new budget appropriations to these accounts
5
06/30/2019
SB
N/A
3
5
2019-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.3
1.3. Expenditure measures, including arrears clearance
Quarterly payment of utility bills (ENEO, CAMWATER, CAMTEL, SONARA) based on annual budget allocations.
1
09/30/2018
M
Quarterly starting in September 2018.
3
1
2018-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.3
1.3. Expenditure measures, including arrears clearance
Quarterly payment of utility bills (ENEO, CAMWATER, CAMTEL, SONARA) based on annual budget allocations.
1
Quarterly
SB
Quarterly starting in September 2018.
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.3
1.3. Expenditure measures, including arrears clearance
Complete the Treasury single account by closing all public accounts eligible to the TSA in the commercial banks and consolidate those in the Treasury and BEAC to fewer accounts.
2
09/30/2019
SB
N/A
3
2
2019-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.4
1.4. Combined expenditure and revenue measures
Submit a draft law transposing the CEMAC Directive on Budget Laws into national law to the CEMAC commission.
1
09/30/2017
M
Objective: align fiscal policy with regional regulations
3
1
2017-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.4
1.4. Combined expenditure and revenue measures
Publish the petroleum product price structure on a monthly basis.
2
06/30/2017
M
Objective: increase mobilization of nonpetroleum revenue and reduce subsidies. Monthly beginning June 2017.
3
2
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.4
1.4. Combined expenditure and revenue measures
Publish the petroleum product price structure on a monthly basis.
2
Monthly
SB
Objective: increase mobilization of nonpetroleum revenue and reduce subsidies. Monthly beginning June 2017.
3
2
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.4
1.4. Combined expenditure and revenue measures
Prepare a strategy aiming at ensuring the sustainability of the petroleum products’ price structure and the financial viability of the SONARA.
3
12/31/2017
M
Objective: increase mobilization of nonpetroleum revenue and reduce subsidies.
3
3
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.4
1.4. Combined expenditure and revenue measures
Update and implement the guide to the project maturity process.
4
12/31/2017
NM
Circular signed by the Prime Minister
3
4
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.4
1.4. Combined expenditure and revenue measures
Ensure compliance with the supplementary fiscal period of two months provided for by law starting from 2018.
5
04/30/2018
NM
TOFE final 2017.
3
5
2018-04-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Adopt a plan to gradually clear balances outstanding and arrears from previous fiscal years.
1
12/31/2017
MOD-SB
Objective: clear domestic arrears. Proposed to be changed to a new structural benchmark.
3
1
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Take stock of and confirm balances outstanding and arrears from prior fiscal years.
2
09/30/2017
NM
Objective: clear domestic arrears. Proposed to be changed to a new structural benchmark.
3
2
2017-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Produce a quarterly report on balances outstanding and arrears from prior fiscal years.
3
04/30/2018
MOD-DATE
Objective: clear domestic arrears. Quarterly beginning April 2018. Proposed to be changed to a new structural benchmark.
3
3
2018-04-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Produce a quarterly report on balances outstanding and arrears from prior fiscal years.
3
07/31/2018
M
Objective: clear domestic arrears. Quarterly beginning July 2018.
3
3
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Produce a quarterly report on balances outstanding and arrears from prior fiscal years.
3
Quarterly
SB
Objective: clear domestic arrears. Quarterly beginning July 2018
3
3
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).
4
10/31/2017
M
Objective: take stock of contingent liabilities. Annual beginning October 2017
3
4
2017-10-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Disclose the type and volume of contingent liabilities in an annex to the budget law, including the firm and contingent liabilities of all existing publicprivate partnerships (PPPs).
4
Continuous
SB
Objective: take stock of contingent liabilities. Annual beginning October 2017
3
4
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Verify the stock of domestic arrears at end-2016 by conducting an external audit.
5
03/31/2018
M
Audit report submitted to Fund staff.
3
5
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Adopt a plan for the gradual clearance of domestic arrears for prior fiscal years.
6
03/31/2018
M
Submit a plan to Fund staff.
3
6
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.5
1.5. Debt Management
Computerize the register of movable collateral.
7
12/31/2018
SB
N/A
3
7
2018-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).
1
06/30/2017
M
Objective: strengthen public financial management. Monthly structural benchmark from end-June.
3
1
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Include the total petroleum receipts of national oil company SNH and direct interventions in the table of government financial operations (TOFE).
1
Continuous
SB
Objective: strengthen public financial management. Monthly structural benchmark from end-June.
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Prepare an inventory of all accounts of public administrative establishments with commercial banks, and strictly limit the opening of new bank accounts.
2
06/30/2017
M
Objective: Improve and rationalize cash flow management
3
2
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Adopt a strategy to gradually expand the coverage of the Treasury single account.
3
09/30/2017
M
Objective: Improve and rationalize cash flow management
3
3
2017-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Allow open bids for LPG fuel purchases, validate compensations needed for LPG fuel in committee and regularly transfer of cash surpluses of the Hydrocarbon Prices Stabilization Agency (CSPH) to the Treasury
4
01/30/2019
SB
N/A
3
4
2019-01-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Put in place a mechanism to identify the nature and reconcile the direct interventions of the SNH to ensure their monthly regularization according to the different natures of the expenditure.
5
01/30/2019
SB
N/A
3
5
2019-01-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Prepare a disbursement plan for the SENDs for 2019-20 following the discussions with development partners.
6
03/30/2019
SB
N/A
3
6
2019-03-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
06/30/2017
M
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017
3
1
2017-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
12/31/2017
MD
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017. At R2, the quarterly budget execution report, delayed due to the complementary period, was published on April 5.
3
1
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
06/30/2018
M
N/A
3
1
2018-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
20.7
1.7. Fiscal transparency (publication, parliamentary oversight)
Publish quarterly budget execution reports.
1
Continuous
SB
Objective: improve fiscal transparency. Quarterly structural benchmarks from end-June 2017
3
1
2023-09-23
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
23.2
4.2. Other social sector reforms (e.g., social safety nets, health and education)
Develop a national social protection strategy (or policy) to be implemented starting with the 2018 budget law.
1
12/31/2017
M
Objective: protect vulnerable segments of the population. Indicator: Consultant Report.
3
1
2017-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25
6. Financial sector
Decide the business model of the SME-Bank
1
08/31/2018
MOD-DATE
N/A
3
1
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25
6. Financial sector
Decide the business model of the SME-Bank
1
03/31/2019
SB
N/A
3
1
2019-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Adopt and submit to the Central African Banking Commission (COBAC) a strategy to clear the commercial banks' overdue claims.
1
09/30/2017
M
Objective: Stimulate credit to the private sector. Met, strategy to be completed.
3
1
2017-09-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Adopt a resolution plan for banks in difficulty to be submitted to the COBAC.
2
08/31/2017
MD
Objective: maintain the stability of the financial sector. As per SR: Not met, executed on 09/27/2017.
3
2
2017-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Expand access to creditor databases to all credit and microfinance institutions.
3
03/31/2018
M
Objective: facilitate access to credit, especially for small and medium-scale enterprises (SMEs)
3
3
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Computerize the movable collateral registry.
4
03/31/2018
MOD-DATE
Objective: facilitate access to credit, particularly for SMEs. Not met, reproposed for Dec-18.
3
4
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Computerize the movable collateral registry.
4
12/31/2018
SB
N/A
3
4
2018-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.
5
03/31/2018
MOD-DATE
Objective: reduce working capital requirements for SMEs
3
5
2018-03-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Reduce processing lags for invoices from the time they are committed till they are covered by treasury to two months.
5
06/30/2018
MD
In progress. Not met, completed in November 2018.
3
5
2018-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Revise the plan for dealing with troubled banks.
6
06/30/2018
MOD-DATE
Plan finalized in consultation with Fund staff. Reformulated and proposed for August 2018.
3
6
2018-06-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Revise the plan for dealing with troubled banks.
6
08/31/2018
SB
N/A
3
6
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Provide training in banking dispute resolution for commericla court judges in the major business centers.
7
12/31/2018
SB
At least 10 judges trained in the fiscal year. In progress.
3
7
2018-12-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Sign a performance contract with the management of the state-owned bank.
8
07/31/2018
MD
Not met, completed at end-October
3
8
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Adoption by MINFI and MINEPAT of a plan to reduce SENDs related to projects that are not mature, that includes measures to reduce SENDs linked to non-performing projects by at least one-third by end-December 2018.
9
07/31/2018
MOD-PA
N/A
3
9
2018-07-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Finalize the movable collateral database by entering all movable collaterals detained by the banks.
11
03/30/2019
SB
N/A
3
11
2019-03-30
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Fully implement the plan to resolve the private ailing banks
12
08/31/2019
SB
N/A
3
12
2019-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
25.2
6.2. Restructuring and privatization of financial institutions
Evaluate (cost and feasability) the resolution options of the troubled banks.
1
08/31/2018
NM
N/A
3
1
2018-08-31
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
29
10. Economic statistics (excluding fiscal and central bank transparency and similar measures)
Implement the interface between the taxpayer registration database (NIU) and the tax management application (MESURE)
1
07/06/2018
MOD-DATE
At R2, not met, reformulated and proposed for end-July 2018
3
1
2018-07-06
N/A
N/A
N/A
N/A
760
CAMEROON
622
ECF
2017-06-26
2,017
2020-06-25
2,020
N/A
N/A
N/A
2018-12-17
P1
R3
BLANK
SB
29
10. Economic statistics (excluding fiscal and central bank transparency and similar measures)
Implement the interface between the taxpayer registration database (NIU) and the tax management application (MESURE)
1
07/31/2018
SB
new test date reset from R2
3
1
2018-07-31
N/A
N/A
N/A
N/A