IMF Staff Concludes Post-Financing Assessment Mission to Cameroon
IMF News, October 1, 2026
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- Published: October 1, 2026
Economic performance and near-term outlook
- Cameroon’s economy grew 3.5 percent in 2025, repeating the performance of the previous year (IMF staff statement).
- The services sector continues to show strength.
- Prospects are weakening for 2026 due to continued decline in hydrocarbon production and delays in boosting electricity transmission capacity, suggesting a slight slowdown in 2026.
- Average inflation has continued to decline to 2.6 percent through August 2026 but is expected to reverse amid accelerating food price pressure.
Fiscal position and debt sustainability
- Fiscal policy weakened in 2025: the overall deficit rose from 1.5 percent of GDP in 2024 to 2.1 percent of GDP in 2025.
- A modest further weakening of the fiscal position is expected in 2026 as the international oil price shock generates sizeable fuel subsidies.
- The debt sustainability analysis remains at high overall risk of debt distress.
Key risks to the outlook
- International capital market conditions.
- Slow reform implementation.
- Continued security and climate-related challenges.
Policy recommendations and priorities
- Fiscal tightening to preserve macroeconomic stability.
- Boost domestic revenue mobilization.
- Marshall concessional financing to cushion shocks.
- Complementary pro-growth structural reforms to:
- Strengthen governance around public spending.
- Improve management of state-owned enterprises.
- Deepen the financial sector.
Mission details and next steps
- An IMF staff team led by Christine Dieterich held discussions in Yaounde from September 17 to 30, 2026, as part of Cameroon’s Post-Financing Assessment.
- The team met with representatives of the government, the central bank, civil society, the private sector, banks, and development partners.
- Cameroon’s 2026 Post-Financing Assessment is expected to be discussed at the IMF Executive Board in December 2026.
- A Post-Financing Assessment (PFA) is expected for countries with outstanding IMF credit above the absolute or quota-based thresholds that do not have an IMF-supported program or a staff-monitored program; it reports on the members’ policies, the consistency of the macroeconomic framework with the objective of medium-term viability, and the implications for the member’s capacity to repay the Fund.
References
- [[1].](https://www.imf.org/en/news/articles/2026/09/09/pr26286-angola-imf-staff-completes-post-financing-assessment-mission)