(Business in Cameroon) – From 2024 to 2026, the Ministry of Finance in Cameroon expects a total macroeconomic and budgetary framework of CFA21,552 billion. As a result, the government anticipates borrowing CFA5,215 billion to meet its financial needs during this period, according to a joint evaluation by the national sinking fund (CAA) and the National Public Debt Committee (CNDP).
For 2024, these two institutions estimate that the debt will reach CFA1,648 billion, or about 5.3% of the country’s GDP. In addition, the 2025 state budget has been approved at CFA7,317 billion, slightly higher than the 2024 budget, which was CFA7,278.1 billion.
As of 2024, the CAA estimated Cameroon’s external debt at CFA8,114 billion, while its domestic debt (excluding unpaid debts) stood at CFA3,101 billion. This brings the total direct debt of the central government to CFA11,216 billion, or 40% of GDP.
The breakdown of Cameroon’s external debt is as follows: CFA3,700 billion in multilateral debt, CFA3,400 billion in bilateral debt, and CFA978 billion in commercial debt.
For domestic debt, public securities account for CFA1,600 billion, while consolidated borrowing from the BEAC (Central African States Bank) is CFA576 billion. Structured and unstructured debt totals CFA746 billion and CFA55 billion, respectively. Combined allocations from the IMF and the BEAC amount to CFA120 billion.
