Floating Debt: New Audit on 2020-2025 Arrears
The Minister of Finance, Louis Paul Motaze, in a circular letter dated August 19, 2026, instructs public administrations, state universities, and local authorities to submit the full extent of their receivables before the deadline of October 31, 2026.
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Led by the General Directorate of the Budget, the operation scrutinizes the floating debt accumulated between 2020 and 2025, even as competent services work in parallel to clear the prior stock, estimated at 752.1 billion FCFA.
Knowledge of the exact consistency of unsettled obligations, constitutes an indispensable prerequisite for consolidating the country's macroeconomic indicators.
The repayment programs engaged to erase the arrears of the two preceding decades, initially estimated at 671.7 billion CFA francs before an upward revision, actively mobilize the Public Treasury within the framework of a staggered calendar from 2024 to 2030. A statement as of end-May 2026 reports a cumulative disbursement of 463.3 billion CFA francs, materializing the absorption of 61.6% of a global volume dominated by salaries at 303.3 billion and fiscal-customs arrears weighing 215.8 billion.
Containing the formation of new receivables proves, however, delicate in the face of the convergence criteria dictated by the Economic and Monetary Community of Central Africa, the national territory having recorded repeated slippages on this front since 2018. Between tax revenues falling below projections, difficult access to bond liquidity, and delays in disbursement by international donors, the conjuncture complicates budgetary orthodoxy.
To ensure the financial sustainability of the State, it is appropriate, therefore, to redouble rigor to meet the requirements of the Bretton Woods institutions.
Asaba
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