Minister: Cameroon to boost private sector, aims for 6 pct GDP growth in 2014

YAOUNDE, April 22 (Reuters) – Cameroon has adopted a plan to galvanise its struggling private sector in an effort to raise the economic growth rate to 6 percent this year, the Central African nation’s economy minister said.Cameroon is an oil producer in the Gulf of Guinea and the world’s fifth largest cocoa producer. Its economy is one of the region’s largest but political stagnation has meant it is underperforming more dynamic neighbours.