Page 12 - Atouts-Cameroun-2017
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12EDITORIALPROGRESS TOWARDS EMERGENCEDespite an unfavorable international economic environment, marked in recent years by the shrinking of the global growth and persistent decline in oil prices and other commodities, Cameroon that is also confronted with fighting against the terrorist group Boko Haram, succeeded in maintaining its growth target at 6% and limited inflation at less than 3%. A performance that earned him a good report by the Director General of the International Monetary Fund (IMF). After an official visit to Cameroon in January 2016, Christine Lagarde congratulated the Cameroonian authorities “for the resilience shown by the Cameroonian eco- nomy in an otherwise challenging environment”. However, owing to the lifeless- ness of external economic environment coupled with the drop in commodity prices, our country should keep on with budgetary adjustments and structural reforms without compromising the pace of economic expansion.Of course, the growth is not likely to transform significantly the lives of Cameroonians at the base, but the first results obtained are quite significant. For example, 337 660 jobs were created during the first eleven months of 2015, against 283,443 during the same period in 2014. A performance for which one cannot be choosy, given that the problem of unemployment, particularly for young people, comes up with greater acuteness.After the declaration of war against the terrorist sect Boko Haram by President Paul Biya, some observers predicted that the conflict would nega- tively impact economic expansion in Cameroon. More than two years later, it appears that neither the occasional additional expenses born by the war effort against terrorism, or even disruptions in economic activity in the disputedLES ATOUTS ECONOMIQUES DU CAMEROUN

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