Expected growth at 2.9% in 2026, contained inflation at 2.3%, reserves covering more than 4 months of imports, and public debt below the 70% of GDP threshold: the macroeconomic trajectory of CEMAC remains solid but vulnerable to external shocks.
The economic outlook for CEMAC in 2026 is generally favorable. Driven by a moderate recovery, the sub-region is expected to show growth of 2.9%, while price stability would be maintained thanks to controlled inflation at 2.3%. The level of foreign exchange reserves remains comfortable, covering more than four months of goods and services imports, and the public debt stock remains below the community threshold of 70% of GDP.
However, this balance remains precarious. Public and external deficits persist and could widen due to tensions in the Middle East. Disruptions in supply chains and price volatility risk erasing gains related to rising oil prices.
In the face of these uncertainties, the PREF-CEMAC is intensifying the semi-annual monitoring of commitments made on January 22, 2026, in a logic of budgetary discipline and external consolidation. Meanwhile, the BEAC stands ready to adjust its monetary policy according to the situation to preserve financial stability.
“The effectiveness of the measures will depend on better coordination between national fiscal policies and the common monetary policy,” emphasized Governor Yvon Sana Bangui, on the sidelines of Finance Week 2026 in Yaoundé, dedicated to the key role of private investment in regional economic transformation.
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