Gov´t spends 327 billion FCFA on debt servicing in 2026 second quarter.

Financing costs that accounted for 9% of the 327 billion FCFA, the report indicated, was used to service debt during the half year, excluding arrears and redemptions of Fungible Treasury Bills.

Of the total amount paid in June, the news portal reported that 297.5 billion FCFA, or 91%, went toward principal repayments, which reduces the amount of debt outstanding.

It credited the statistics to the Autonomous Sinking Fund’s public debt report for the month of June 2026, made public July 27.

The same report noted that Cameroon spent 1.06 trillion FCFA servicing central government debt in the first six months of the year.

Of that amount, 909.4 billion FCFA was for principal repayments while interest and fees accounted for the remaining 149.9 billion FCFA.

The 29.5 billion FCFA paid in June represented 19.7% of all interest and fee payments made during the first half, the media organ said, adding that the amount was above the monthly average of nearly 25 billion FCFA recorded over the period.

External debt servicing, Business in Cameroon cited, the CAA as having stated that, it totaled 62.9 billion FCFA in June. 

The amount, it said, included 54.9 billion FCFA in principal and 8.1 billion FCFA in interest and fees, based on rounded figures. 

The CAA said all external payments due by the end of June were made within contractual deadlines, with no arrears recorded.

Domestic debt, excluding arrears, accounted for most of the month’s payments, the organisation noted. Domestic debt servicing totaled 264.1 billion FCFA in June and 614.8 billion FCFA over the first half. 

Government securities, excluding BTAs, represented 76.4% of domestic payments made between January and June, the debt managing institution stated.

The interest and fees paid in June were equivalent to nearly 60% of the central government’s unstructured debt stock, CAA noted. 

The same corporation added that the stock was estimated at 49.4 billion FCFA at the end of June 2026, down from about 51 billion FCFA at the beginning of the year.

It analysed that the comparison illustrates the scale of the government’s interest burden, with two different measures viz; a one-month flow and a debt stock measured at a specific date.

The 327 billion FCFA in debt service reported for June does not cover all domestic obligations, the report specified. 

The CAA noted that it excluded arrears, which stood at 703.5 billion FCFA at the end of June, pending final reconciliation of Treasury payment data. Bills unpaid for more than three months totaled 588.4 billion FCFA, or 83.6% of that amount, it indicated.

The CAA also detailed that it excluded redemptions of Fungible Treasury Bills. It noted that the burden is expected to increase in the coming years. 

The 2027-2029 Economic and Budget Programming Document projects debt interest payments of 552.4 billion FCFA in 2026, rising to 605.3 billion FCFA in 2027 and to 707.8 billion FCFA in 2029.

This article was first published in The Guardian Post Edition No:3869 of Wednesday August 05, 2026