Since 2010, Cameroon has repaid CFA6.9 trillion in public debt, showcasing effective financial management and enhancing credibility in financial markets. This repayment supports infrastructure development through strategic borrowing across various markets.
Since the issuance of its inaugural bond in December 2010, Cameroon has successfully repaid a total of CFA6.9 trillion in loans sourced from various capital markets. This information was disclosed on February 27 during a seminar hosted by the Ministry of Finance in Douala, focusing on the theme: “Structured Financing: A Key Tool for Infrastructure Development.”
Samuel Tela, Director of Treasury at the Ministry of Finance, affirmed that all repayments have been punctual. In addition, Finance Minister Louis Paul Motazé stated that these timely repayments reflect the increasing confidence in Cameroon’s fiscal position and highlight the attractiveness of its financial instruments.
From 2010 to the beginning of 2025, Cameroon has raised a total of CFA8.6 trillion through diverse markets. The government has secured CFA1.2 trillion from bonds issued on the Central African Stock Exchange (Bvmac), another CFA1.2 trillion through Eurobonds and international private placements, alongside over CFA6.2 trillion from the Bank of Central African States (BEAC) public securities market since 2011.
The capital garnered from these endeavours has been pivotal in addressing short-term cash flow requirements, predominantly through Treasury bills. Furthermore, it has supported substantial infrastructure initiatives, leveraging long-term financial instruments such as Treasury bonds, government bonds, and Eurobonds for these significant investments.
By consistently fulfilling its debt commitments, Cameroon is bolstering its credibility in financial markets, thereby ensuring sustained access to funding for future developmental projects.
In summary, Cameroon has demonstrated efficient financial management by repaying CFA6.9 trillion of public debt, enhancing its credibility in financial markets. The funds raised since 2010 have facilitated both short-term cash flow management and major infrastructure projects, indicating a robust financial strategy and growing investor confidence.
Original Source: www.businessincameroon.com
