 |
 Login |
|
|
|
|
|
|
| Government Type |
unitary republic; multiparty presidential regime (opposition parties legalized in 1990)
note: preponderance of power remains with the president |
| Legal System |
based on French civil law system, with common law influence; has not accepted compulsory ICJ jurisdiction |
| Currency |
Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States |
| Economic Overview |
Because of its oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems facing other underdeveloped countries, such as a top-heavy civil service and a generally unfavorable climate for business enterprise. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation's banks. In June 2000, the government completed an IMF-sponsored, three-year structural adjustment program; however, the IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs. International oil and cocoa prices have considerable impact on the economy. |
| Natural Resources |
petroleum, bauxite, iron ore, timber, hydropower |
| Primary Industries |
petroleum production and refining, food processing, light consumer goods, textiles, lumber |
| Agricultural Products |
coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root starches; livestock; timber |
| Import Commodities |
machinery, electrical equipment, transport equipment, fuel, food |
| Export Commodities |
crude oil and petroleum products, lumber, cocoa beans, aluminum, coffee, cotton |
| Export Partners |
Italy 21.7%, Spain 12.2%, France 10.6% (2001) |
| AIRPORTS of Cameroon |
| Douala Airport |
International, Heliport, Douala 10km (6miles), Position 04°00´48"N, 009°42´33"E |
Detals |
| Garoua Airport |
International, Garoua 5km (3miles), Position 09°20´10"N, 013°22´53"E, Elevation 242m (793ft) |
Detals |
| Yaounde-Nsimalen Airport |
International, Yaoundé 20km (12miles), 6 Aircraft Stands |
Detals |
|
|
|
