The Cameroonian government unveiled its debt strategy for the period 2020-2022, in a briefing note on issues of bonds of assimilable treasures (OTA) by auction, published on April 1, 2020 by the Ministry of Finance.
The debt need of the Cameroonian State (including budget support) planned for the period 2020-2022 is 3,440 billion FCFA, including 1,217 billion FCFA to be covered in 2020. To achieve this result, “the government will use external and internal loans intended to carry out projects and finance short-term cash needs, but also, budget support estimated at around 100 billion FCFA in 2020. “
The fixing of the ceiling for new external commitments for the period 2020-2022, takes into account the constraints linked to the capacity to repay the debt contracted and the will of the authorities to keep the debt sustainable while by reducing the risk of over-indebtedness deemed high ”. “The ceiling for new external commitments is set at 1,950 billion FCFA, including 650 billion FCFA in 2020 (300 billion FCFA for concessional loans and 350 billion FCFA for nonconcessional loans). That of new domestic commitments over the same period stands at 1 030 billion FCFA, including 350 billion FCFA in 2020. The ceiling for endorsements to be granted by the State is set at 120 billion FCFA for the period 2020-2022, including 40 billion FCFA in 2020.
