The information was revealed by the Cameroonian Ministry of Finance Louis Paul Motaze in a statement released on March 12, 2025. The decision was made during the last meeting of the IMF's Board of Directors in Switzerland, as part of the seventh review of the Economic and Financial Program   2021-2025, supported by the Extended Credit Facility  and the Extended Credit Mechanism .The approval by the International Monetary Fund (IMF) for Cameroon comes as the country's economy shows relative resilience to global economic turmoil. According to the conclusions of the latest evaluation mission led by Cemile Sancak, Cameroon maintains moderate growth, with a rate of 3.2% in 2023 and a projection of 3.9% for 2024. Inflation, which had reached 7.5% in 2023, decreased to 4.6% in November 2024, indicating an improvement in macroeconomic balances.On the budgetary front, the situation is also evolving in a positive direction. The non-oil primary deficit, which stood at 3.9% of GDP in 2022, has been reduced to 2.5% in 2023 and is expected to continue declining to 2% in 2024. This improvement is largely attributed to a 5% increase in non-oil revenues, driven by improved mobilization of corporate tax and indirect taxes.These results reflect the efforts made by the government, the International Monetary Fund (IMF) emphasizes the importance of maintaining reforms to ensure the sustainability of public finances and accelerate growth in the medium term. Among the challenges to be addressed is the acceleration of public investments, as some strategic projects are still experiencing delays that hinder their impact on the economy.The financial institution is also urging the Cameroonian authorities to deepen the restructuring of public enterprises, strengthen governance in the extractive industries, and improve the business climate. Particular attention is being paid to the restructuring of the National Refining Company (Sonara) and the revision of the 2013 law governing investment incentives.These recommendations are in line with the commitments made during the extraordinary summit of the Heads of State of the Economic and Monetary Community of Central Africa (CEMAC), held in Yaounde on December 16, 2024. During this meeting, the leaders of the sub-region reaffirmed their willingness to strengthen macroeconomic stability and pursue the necessary adjustments to ensure sustainable growth. In this dynamic, the Cameroonian government, "under the impetus of President Paul Biya and the coordination of the Prime Minister, undertakes to intensify priority reforms, particularly in terms of budgetary discipline, improvement of economic governance, and optimization of public investments

Christelle koambi