Interim Strategy Note (ISN), FY2007 - FY2008
In December 2006, the World Bank’s Board of Executive Directors discussed the Interim Strategy Note (ISN) for Cameroon, which covered fiscal years 2007-08. The ISN took into account several changes that gave Cameroon greater opportunities to foster its development: attainment of the completion point of the Enhanced Highly Indebted Poor Country (HIPC) debt relief initiative in April 2006, eligibility to the Multilateral Debt Relief Initiative (MDRI) and the momentum of Paris declaration on aid effectiveness, March 2005.
A new CAS is in preparation and is expected to be completed in the fall of 2009. The Bank program will directly respond to Government’s stated vision and intentions as outlined in their Vision 2035 and the DSCE (Document de stratégie pour la croissance et l’emploi ), which place economic growth as the main thrust. For this reason, the Bank’s overall response will center on the notion of “Inclusive Growth” during the CAS period. The proposed CAS pillars have been selected based on the main areas of focus of the DSCE’s growth strategy: increased competitiveness and improved service delivery.
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