Cameroon has repaid CFA6.9 trillion in public debt since 2010, confirming its financial commitment and enhancing market confidence. During a recent seminar, officials highlighted the government’s strategic use of capital markets to raise CFA8.6 trillion, supporting infrastructure development and maintaining a solid financial standing.
Since December 2010, Cameroon has successfully repaid CFA6.9 trillion in loans, marking a significant achievement in its financial management. This information was disclosed during a seminar on structured financing for infrastructure development held in Douala on February 27. Samuel Tela, the Director of Treasury at the Ministry of Finance, confirmed that all repayments were executed punctually, reflecting the government’s commitment to fiscal responsibility.
Finance Minister Louis Paul Motazé emphasized that these timely repayments enhance confidence in Cameroon’s financial stability and the attractiveness of its financial instruments. From 2010 to early 2025, Cameroon raised a total of CFA8.6 trillion from various capital markets to address its funding needs.
The government sourced CFA1.2 trillion through bonds issued on the Central African Stock Exchange (BVMAC), another CFA1.2 trillion via Eurobonds and private placements, and over CFA6.2 trillion through the Bank of Central African States (BEAC) public securities market since 2011. These financial instruments have enabled the government to meet its short-term cash flow requirements and facilitate substantial infrastructure projects.
By fulfilling its debt obligations in a timely manner, Cameroon reinforces its credibility within financial markets, facilitating future access to funding necessary for ongoing development initiatives.
In conclusion, Cameroon’s strategic management of public debt since 2010 has led to the timely repayment of CFA6.9 trillion, thereby enhancing its financial credibility. The government’s effective utilization of various capital markets has enabled it to secure adequate funding for both short-term cash flow requirements and significant infrastructure projects. This approach not only reflects fiscal responsibility but also fosters investor confidence in Cameroon’s economic stability.
Original Source: www.businessincameroon.com
