US EditionYaoundé spent CFA311bn on interest payments for central government debt in 2024 – Cameroon Concord News
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Yaoundé spent CFA311bn on interest payments for central government debt in 2024 – Cameroon Concord News
In 2024, Cameroon’s public treasury spent a total of CFA1.38 trillion repaying central government debt. According to the national sinking fund (CAA), the agency managing the country’s public debt, CFA311.4 billion of this amount was used to cover interest payments, including CFA58.8 billion for domestic debt. Although the CAA highlights that Cameroon benefits from “favorable borrowing conditions,” with an average debt cost of 3.2% at the end of …
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