(Business in Cameroon) – Cameroon’s Prime Minister, Joseph Dion Nguté, presented yesterday the government’s economic, financial, social, and cultural program for FY2025 to the National Assembly. The official said the program is based on a projected budget of CFA7,317.7 billion, which is 0.5% higher (+CFA39.8 billion) than that of FY2024.
This budget, confirmed by the 2025 finance bill submitted to the deputies on the same day, consists of CFA7,250.8 billion for the general budget and CFA66.9 billion for Special Allocation Accounts (CAS). Compared to last year, these amounts show an increase of 0.5% for the general budget and 1.5% for the CAS.
Regarding the structure of the 2025 budget, the government projects internal revenues and donations to total CFA5,548.1 billion, an increase of CFA313.1 billion compared to 2024, when they stood at CFA5,235 billion, marking a 6% increase. However, oil revenues, estimated at CFA734.8 billion, are expected to decrease by CFA66.8 billion due to the drop in global oil prices and the decrease in the exchange rate of the dollar and the CFA franc.
The document also projects an economic growth rate of 4.1% in 2025, up from 3.8% in 2024. This growth is driven by the non-oil sector, which is expected to grow by 4.3% in 2025, following growth rates of 4.1% in 2024 and 3.6% in 2023. Inflation is expected to continue its downward trend but will remain above the 3% convergence threshold of the Central African Economic and Monetary Community (CEMAC). It is projected to be 4% in 2025, down from 5% in 2024.
