Cameroon is navigating a complex fiscal landscape with three major institutions—the presidency, parliament, and the Ministry of Finance—competing for budgetary authority, according to government sources and economic analysts. This power struggle comes as the country contends with rising debt, sluggish growth, and pressure from international lenders to implement austerity measures.
Officials familiar with the matter say the overlapping mandates have created inefficiencies in public spending, with some projects delayed due to conflicting directives. ‘You have different branches pulling in different directions,’ said one Finance Ministry insider, speaking on condition of anonymity. ‘It’s like having three captains on one ship.’
Cameroon’s economy grew just 3.7% in 2025, below the 4.5% projected by the IMF, while public debt remains near 45% of GDP. The World Bank has urged structural reforms, but implementation has been slow. Regional analysts suggest the budgetary gridlock could worsen if not resolved before next year’s election cycle.
Market watchers warn that prolonged uncertainty may deter foreign investment. ‘Investors want clarity on who controls the purse strings,’ said a Yaoundé-based economist with a European bank. The government has yet to issue an official statement on the matter.