The CAA publication on Cameroon’s public debt as of May 15, 2026.
The Autonomous Sinking Fund, abbreviated in French as CAA, just published its monthly report on Cameroon’s public debt on May 15, 2026. The figures confirm a controlled upward trend, but one that calls for close attention to future budgetary balances.
As of March 31, 2026, the total outstanding public debt stood at 15,416 billion CFA francs, equivalent to about 27.5 billion US dollars. This represents a 6% increase over twelve months.
Relative to gross domestic product, the debt-to-GDP ratio reached 44.3%. This level remains below the 50% ceiling set by the 2025–2027 Medium-Term Debt Strategy, and well below the 70% convergence threshold established by CEMAC.
The 2026 budget, set at 8,816.4 billion CFA francs (up 14% compared to 2025), relies significantly on borrowing. Financing needs to be covered through debt are estimated at 3,197 billion CFA francs for the current year alone, representing around 8.8% of GDP. External markets are expected to provide more than 67% of this financing.
Cameroonian authorities highlight what they describe as prudent management, aimed at balancing debt control with greater transparency. The International Monetary Fund, for its part, has maintained its 2026 growth forecast at 3.3%, supported by the momentum of public investment. However, economic observers note that debt servicing is absorbing an increasing share of domestic budget revenues, a factor that warrants caution in the medium term.
The CAA publication on Cameroon’s public debt as of May 15, 2026.
