However, analyses conducted by the Autonomous Amortization Fund highlight the need to incorporate underestimated charges into the official accounts. The work carried out in conjunction with the Special Fund for Equipment and Intercommunal Intervention reveals 121.2 billion FCFA in accumulated obligations between 2020 and 2025 by decentralized territorial authorities, exceeding the initial amount of 25 billion FCFA recorded. The administrative integration of these claims must take place before December 2026.

The treatment of off-balance-sheet commitments also concerns the state sector and infrastructure partnerships. The accounted envelope for public enterprises, currently set at 923 billion FCFA, is subject to revision to include the debt of around 800 billion FCFA related to the Cameroonian Electricity Company, formerly Eneo. In parallel, the inventory of major industrial programs developed with private investors lists 4,895 billion FCFA in commitments, an amount expected to increase with the validation of the evaluations of the future SNH refinery in Kribi, estimated at 540 billion FCFA, and the 300 MW power plant of the Autonomous Port of Douala, valued at 626 billion FCFA.

The overall structure of the debt remains controlled at 93.9% by the central administration, with external donors holding 64.5% of the direct debt. The World Bank Group maintains its position as the leading multilateral creditor ahead of the African Development Bank and the International Monetary Fund, while China remains the main bilateral partner of the State. The formalization of these additional charges will provide comprehensive visibility into Cameroon's financial commitments.


BCN

Tags: finances publiques etat dette publique cameroun budget economie finances politique economique gestion financiere