Search

Cameroon Secures $119 Million in Additional IMF Funding Amid Debt Concerns

Subscriber only Subscriber only
© Dmitry Kaminsky / Alamy Stock Photo
  • IMF disburses $119 million under multiple funding arrangements
  • Cameroon remains at high risk of debt distress despite fiscal reforms

Yaoundé, Cameroon — The International Monetary Fund (IMF) has approved an additional $119 million in funding for Cameroon under its Extended Credit Facility (ECF), Extended Fund Facility (EFF), and Resilience and Sustainability Facility (RSF), as concerns over the country’s debt profile persist.

You need an active subscription to continue reading this article.

Recent Business

Farm export. Photo by Soo Ann Woon @ Unsplash
South Africa’s farm exports to US jump despite tariff threat
Read More »
Roundabout in Yaounde, Cameroon @ Pexels
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Read More »
Ecobank building @ Pexels
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights