Cameroon - Competitiveness and Economic Growth Support Programme - Phase II (PACCE II)

The proposed operation concerns a EUR 150 million AfDB loan to finance the second phase of the Competitiveness and Economic Growth Support Programme (PACCE II) in Cameroon. PACCE is a multi-year programme-based operation that covers three years (2017, 2018 and 2019). PACCE I, which was approved in December 2017, provided a list of reform measures considered as indicative triggers for the second phase (PACCE-II). PACCE II is designed to complement PACCE I and consolidate past achievements. This is a programme-based support operation anchored in the Government's development strategy as defined in the interim Growth and Employment Strategy Paper (GESP) for 2010-2020. The Programme is structured around two (2) mutually interdependent and complementary components: (i) streamline the public finance management framework; and (ii) strengthen governance and competitiveness in productive sectors.