President Paul Biya signed the circular preparing the 2027 budget on 12 October 2026. It sets a target of at least 30 percent of the general budget for investment, with priority for projects already under way and for payments still owed, and it restricts the start of new projects in some administrations, which the text does not name.
Paragraph 66 states that "le démarrage de nouveaux projets est proscrit, selon le cas, pour le budget 2027". New investment can still be entered in the space left after current projects and pending payments are counted. A provision equal to 2 percent of 2026 capital spending from ordinary domestic resources must cover spending committed but not yet authorised for payment in the previous financial year.
The circular projects growth of 3.6 percent, inflation of 3.2 percent and a deficit, grants included, of 2.7 percent of GDP for 2027. The budget directorate reported that 26.2 percent of investment credits had been authorised for payment at the end of June 2025, 432.7 billion XAF of 1,650.2 billion XAF planned.
The brief of 15 October 2026 said the indicator to watch was a decree convoking the electoral body. No convocation has been published. Parliament opens its session on 10 November 2026 to examine the 2027 finance bill.
Sources
- Investir au Cameroun Budget 2027 : derrière les 30 % visés pour l'investissement, des impayés à régler et des chantiers à finir
- 237 Actu Budget 2027 : Paul Biya impose la rigueur et le patriotisme économique
- allAfrica.fr Cameroun, Paul Biya trace les grandes orientations du budget 2027
- Cameroun Actuel Budget 2027 : Paul Biya dévoile ses prévisions économiques avant la session parlementaire du 10 novembre
- Actu Cameroun Paul Biya signe la circulaire relative à la préparation du budget de l'Etat au titre de l'exercice 2027
- RFI Cameroun: le président Paul Biya fixe les priorités du budget 2027, sans préciser le calendrier électoral