The ban on the export of logs to promote local processing, the development of iron ore and bauxite production, and the further reduction in pump price subsidies illustrate Cameroon's new dynamic of structural reforms. This should inevitably translate into accelerated growth combined with greater resilience of public finances over the medium term.
Cameroon's 2025 economic reforms: what are the challenges?
Admittedly, the 2024 achievements are rather mixed, particularly in terms of growth, which is expected to reach 3.8%, below the forecasts in the 2024 Finance Act. The fiscal performance is rather reassuring after exceeding the targets set for the budget and the debt.
2025 should represent a year of consolidation of achievements. Based on relatively ambitious assumptions, growth is expected to exceed the 4% mark. This year would also be an opportunity to increase public revenue through the tax component, to maintain the course of public investment while respecting the balanced budget doctrine.
Taxation and investments: key measures
Finally, the 2025 Finance Act brings its share of tax provisions aimed at supporting Cameroon's strategy of structural transformation of the economy. These converge towards:
- Supporting the import-substitution policy by offsetting imports with domestic production.
- Broadening the tax base, particularly through the digitalization of processes and the fight against fraud.
- Improving the business climate by addressing private sector grievances.
