The outstanding public sector debt of Cameroon stood at 15.416 billion CFA francs (approximately 27.3 billion dollars) as of March 31, representing 44.3% of the gross domestic product (GDP), according to data published Friday by the Autonomous Amortization Fund (CAA), the public body responsible for managing Cameroon’s debt.
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According to the CAA, this level of indebtedness remains well below the 50% of GDP ceiling set by Cameroon’s Medium-Term Debt Strategy 2025-2027, as well as the 70% community threshold retained in the convergence criteria of the Economic and Monetary Community of Central Africa (CEMAC).
However, the institution indicates that public debt has recorded an increase, with a rise of 0.2% month-on-month, 4.1% quarter-on-quarter, and 6% year-on-year.
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“This debt records controlled increases (…) reflecting prudent management consistent with the orientations of the Medium-Term Debt Strategy,” emphasized the CAA in its official report to reassure financial partners.
According to the organization’s data, the central administration holds the bulk of public commitments, with 93.6% of the total outstanding debt. Public enterprises represent 6.2% of the total debt, while decentralized local authorities hold only 0.2%.
