Cameroon
Cameroon has authorized its finance minister to borrow $1.67 billion through domestic and international sources to fund development projects and clear government arrears. The funding will come from treasury bonds, domestic private lenders, and international banks. While the move aims to boost liquidity, support infrastructure, and maintain debt within CEMAC limits, analysts caution that effective use of the funds is crucial, as past borrowings have sometimes remained idle. Public debt currently stands at 43% of GDP, below the 70% CEMAC threshold, but the government has not yet specified which projects will benefit from the new borrowing.
