## Cameroon: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cameroon

_IMF Staff Country Reports, April 3, 2026_

## Source details

**Canonical URL:** [Cameroon: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cameroon](https://www.imf.org/en/publications/cr/issues/2026/04/03/cameroon-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-575214)

## Other formats

- [Markdown version](/en/publications/cr/issues/2026/04/03/cameroon-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-575214/index.md)
- [Structured JSON version](/en/publications/cr/issues/2026/04/03/cameroon-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-575214/index.json)
- [Bundle manifest](/en/publications/cr/issues/2026/04/03/cameroon-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-575214/bundle-manifest.json)

## Bibliographic details
- Published: April 3, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229044165.002

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### Overview
- Cameroon is described as the Central African Economic and Monetary Community’s (CEMAC) largest economy and a Fragile and Conflict Affected State (FCS).
- The country has established generally sound fiscal policies but faces structural and policy challenges that hamper economic growth.
- Infrastructure gaps and a shallow financial sector are identified as the main bottlenecks to growth.
- A large state-owned enterprise sector with weak governance, and regulatory obstacles, aggravate these constraints.
- The 2026 budget aims at reversing some of the election-related fiscal slippages in 2025.

### Key findings and constraints
- Main bottlenecks to growth:
  - Infrastructure gaps.
  - A shallow financial sector.
  - A large state-owned enterprise sector with weak governance.
  - Regulatory obstacles.
- Fiscal and financing constraints:
  - Efforts to raise capital spending for infrastructure face constraints from tight liquidity conditions and the high risk of debt distress.
- Public investment management (PIM) weaknesses:
  - PIM suffers from slow and inefficient project planning and implementation, limiting the ability to upscale public investment.

### 2026 Article IV discussions and policy focus
- The 2026 Article IV discussions focused on finding the right balance between preserving sustainable fiscal policy while unlocking growth and employment.
- Discussions took place in a fragile environment, heightened by the unrest after the 2025 presidential elections.
- Priority themes included:
  - Preserving sustainable fiscal policy.
  - Unlocking growth and employment.
  - Managing fiscal risks associated with infrastructure scaling and debt distress.

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## Content in this bundle

- **1. Real Sector Developments, 2019– 25**
  - [1. Real Sector Developments, 2019– 25 (Markdown version)](/-/media/files/publications/cr/2026/english/1cmrea2026001-source-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [1. Real Sector Developments, 2019– 25 (PDF)](/-/media/files/publications/cr/2026/english/1cmrea2026001-source-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2026/04/03/cameroon-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-575214_