The 2027 budget: every brief

Home The 2027 budget: every brief

The preparation of the 2027 state budget, set out in the circular President Paul Biya signed on 12 October 2026. The circular requires at least 30 percent of the general budget to go to investment, bars new projects where the space has not been left for them, and puts payment orders from earlier financial years first in the queue. It lands against a record of slow execution: the Directorate General of the Budget reported that 26.2 percent of 2026 investment credits had been authorised for payment at the end of June.

The desk has published 9 briefs in this storyline, the most recent on 2 November 2026: [UPDATE]: Biya’s 2.7% deficit target tests Cameroon’s stalled IMF talks.

Key dates

  • The Directorate General of the Budget reports that 432.7 billion XAF of 1,650.2 billion XAF in investment credits had been authorised for payment, 26.2 percent of the year's plan.
  • An International Monetary Fund mission led by Christine Dieterich recommends a realistic timetable for settling arrears to improve private sector liquidity.
  • President Biya signs the circular for the preparation of the 2027 budget, setting an investment floor of 30 percent and barring new projects at paragraph 66.
  • The FDC disputes the timing of the next elections, putting the budget calendar and the electoral calendar on the same ground.

Every brief in this storyline

  1. [UPDATE]: Biya’s 2.7% deficit target tests Cameroon’s stalled IMF talks
  2. [UPDATE]: Cameroon Sets 600 Billion FCFA for Domestic Debt as Nachtigal Bills Near 200 Billion
  3. Cameroon plans 600 billion FCFA in 2027 budget to clear domestic debt
  4. [UPDATE]: Biya circular opens new stakes in international finance institutions
  5. [UPDATE]: Biya orders faster VAT refunds in 2027 budget circular
  6. Cameroon finance minister Motaze meets Vera Songwe in Bangkok
  7. Biya sets 30 percent investment target in 2027 budget circular
  8. Cameroon budget transparency score rises to 58 out of 100, survey finds
  9. Cameroon to raise $300m in eurobond tap to fund 2026 budget

Last updated: 3 November 2026