According to the government of Cameroon, the population of Cameroon is now officially 19.4 million (19,406,100) as of January 1, 2010. This figure is a projection derived from the Population & Housing Census of November 2005, and based on an estimated national population growth rate of 2.6% since then.
Given the important role that census figures play in national life, from the allocation of state finances to the of distribution social and other services such as hospitals, schools, roads, including the allocation of parliamentary seats, etc., it is no surprise that these results are already mired in controversy with some either questioning the accuracy of the projections for the last five years, or simply accusing the government of having manipulated the results with an eye on future elections...
Critics point out, for example, that the "opposition" NW province, which had a population of 1.7 million in 2005, is now projected to have increased by a mere 75,000 to about 1.8 million inhabitants, while the "pro-regime" North province with a population of 1.6 million in 2005 now has 2 million inhabitants - a startling increase of about 362,000 inhabitants - even more than that of the Littoral province, Cameroon's economic nerve center...). Government officials have refuted these claims, pointing out that the projections were done by statisticians whose work has been validated by the Resident Representative of the United Nations Population Fund (UNFPA).
1. Regional breakdown of national population according to 2005 census results and 2010 projections
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Despite having huge potentials for tourism,and with government making efforts to attract more investors to Cameroon, the U.S Ambassador to Cameroon, Janet Garvey says the cumbersome visa procedure at Cameroon Embassy in Washington DC is diverting American tourists from making Cameroon a destination, while at the same time administrative bottlenecks and an unfriendly fiscal and tax policy are scaring American investors from the country.
A year ago, Cameroon received debt relief under two major international initiatives, clearing the way for a write-down of its external debt from about 40 percent of GDP in 2005 to 5 percent of GDP in 2006. Cameroon is now poised to make faster progress toward improving living conditions and reducing poverty. But how is this resource-rich West African country making use of the breathing space created by debt relief, and can it get onto a higher growth trajectory that would edge it closer to achieving the Millennium Development Goals (MDGs)?
The 2007 Index of Economic Freedom, jointly published by the Heritage Foundation and The Wall Street Journal, was released this month. Hong Kong and Singapore are the world's two economically freest countries with scores of 89 and 86 percent free respectively. At the bottom of the pile are North Korea and Cuba with freedom scores of 3 percent and 30 percent respectively.
A delegation of about 100 business executives from francophone Africa (about 70% of them from Cameroon), are in Chicago for the second
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The IMF today made public Cameroon's Third annual Progress Report which was submitted by that country's Government in February 2006,. The report is based on data which was valid as of December 31, 2005. According to the IMF, these country progress reports “describe the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.”
On May 1, 2006 the International Monetary Fund and the World Bank confirmed that Cameroon had successfully reached the completion point of the Heavily Indebted Poor Countries (HIPC) Initiative. As a result, these institutions cancelled 1,400 billion CFA (2.1 billion euros, 2.7 billion dollars) of Cameroon’s 4,000-billion-CFA external public debt (See
Summary: There has been a growing recognition of the importance of transparency for economic growth and social development in oil producing countries. This paper analyzes transparency issues in Cameroon's oil sector. It shows that, while substantial efforts have already been undertaken, continued action is necessary to strengthen transparency. The paper seeks to identify why and how transparency, especially in the fiscal area, matters for economic development and poverty reduction in Cameroon.


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