Since 2010, Cameroon has repaid CFA6.9 trillion in public debt, showcasing strong financial management. The government raised a total of CFA8.6 trillion through different markets, facilitating both short-term cash flow and major infrastructure projects. Timely repayments have strengthened the country’s credibility in financial markets.
Since December 2010, Cameroon has successfully repaid CFA6.9 trillion in public debt, demonstrating strong financial management and commitment to its obligations. This significant achievement was announced during a seminar hosted by the Ministry of Finance in Douala on February 27, focusing on structured financing as a crucial element for infrastructure development.
Samuel Tela, the Director of Treasury at the Ministry of Finance, affirmed that all repayments were conducted punctually. Furthermore, Finance Minister Louis Paul Motazé noted that these timely repayments reflect an increasing confidence in Cameroon’s financial stability and the attractiveness of its financial instruments to investors.
From 2010 to early 2025, the government garnered a total of CFA8.6 trillion through various capital markets. This included CFA1.2 trillion from the Central African Stock Exchange (Bvmac), an additional CFA1.2 trillion raised via Eurobonds and private placements on international markets, and over CFA6.2 trillion sourced from the Bank of Central African States (BEAC) public securities market since 2011.
These financial resources have been instrumental in managing short-term cash flow needs and facilitating significant infrastructure projects. The government utilized Treasury bills for immediate needs, while long-term investments were funded through Treasury bonds, government bonds, and Eurobonds.
By consistently meeting its debt obligations, Cameroon is reinforcing its credibility within financial markets, thereby securing continued access to necessary funds for future development initiatives.
In conclusion, Cameroon has demonstrated robust financial management by repaying CFA6.9 trillion in public debt since 2010. The government’s commitment to punctual repayments fosters confidence among investors and bolsters its financial credibility. By effectively raising funds through various capital markets, Cameroon is positioned for sustained development and infrastructure growth.
Original Source: www.businessincameroon.com
