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New Market Study, "Cameroon Business Forecast Report Q1 2014", Has Been Published

Fast Market Research recommends "Cameroon Business Forecast Report Q1 2014" from Business Monitor International, now available


Boston, MA -- (SBWIRE) -- 12/23/2013 -- Economic expansion in Cameroon is accelerating, and we forecast real GDP growth of 4.6% in 2014. The country's economy will out -perform its Central African peers, averaging 4.8% real GDP growth between 2014 and 2017.
Faltering oil production and high import demand will cause Cam -eroon's current account deficit to widen to 6.0% in 2014. We expect the shortfall to remain relatively stable over the coming years

High spending on capital projects will keep the country's fiscal deficit wide. The shortfall could expand rapidly if the government is unable to control spending on costly fuel subsidies.
The Banque des Etats de l'Afrique Centrale cut its core interest rate by 250 basis points to 3.25% on October 31 2013. While we do not expect that the cut will have a significant impact on the regional economy, further loosening is likely in 2014.

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Key risks to outlook

Escalating violence in the Central African Republic poses a threat to Cameroon's eastern province. We believe that the government will succeed in preventing a major breakdown of political authority, but a larger-than-expected influx of refugees could destabilise the region.

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