CEMAC: without reducing the state budget deficit to 1.5% of GDP in 2027, the IMF will not sign any new program

The conclusion of new economic and financial programmes between the International Monetary Fund (IMF) and the CEMAC countries could be played out in the 2027 budgets of the six Member States: Cameroon, Congo, Gabon, Equatorial Guinea, Chad and the Central African Republic (car). According to an authorized source interviewed on 28 September 2026 in Yaoundé, on the sidelines of the third ordinary session of the BEAC Monetary Policy Committee (MPC), each country should maintain its budget balance within the limit of 1.5% of GDP. The constraint is collective. "If in 2027 only one country has a budget with a deficit above 1.5% of GDP, no new economic and financial program will be concluded in the sub-region by the IMF," insists our source. This condition does not appear at the moment in the IMF public documents consulted. These confirm, however, that the budgetary discipline of the States and respect for regional insurance conditions the continuation or approval of financial support from the Fund in CEMAC. Regional insurance, first lock Indeed, even before the discussions on the 2027 budgets, the States must have the F... Source : Investir au Cameroun — https://www.investiraucameroun.com/gestion-publique/3009-23892-cemac-sans-reduction-du-deficit-budgetaire-des-etats-a-1-5-du-pib-en-2027-le-fmi-ne-signera-aucun-nouveau-programme