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Reading: Finance bill 2025 : key figures for public investment and growth in Cameroon
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Finance

Finance bill 2025 : key figures for public investment and growth in Cameroon

The Cameroonian government is forecasting a budget of $11,729 million (7,317.7 billion CFAF) for 2025, marking an increase of $39.6 billion (+0.5%) on the current year (2024). The government plans to increase public investment, particularly in road, energy and digital infrastructures, in order to improve support infrastructures for the productive sectors.

By
Aissatou Amirah
Published: 30 December 2024
Last updated: 30 December 2024
4 Min Read
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Finance bill : key figures for public investment and growth in Cameroon in 2025

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The central objective of the Finance Law 2025 is to maintain sustained economic growth. To achieve this, the government plans to increase public investment, particularly in road, energy and digital infrastructure. These projects are designed not only to modernize existing facilities, but also to create jobs and attract more foreign investment. This package is distinguished by the clear priority given to public investment, which jumped by 16.1% to $2.983 billion (FCFA 1,863.1 billion).

The road, energy and drinking water infrastructure sectors are at the heart of this dynamic, offering major opportunities for local and foreign investors, particularly in construction, renewable energies and related industries. The Ministry of Public Works, with a budget up 19.3% to 1.2 billion US dollars (638.5 billion FCFA), plans numerous road construction and rehabilitation projects, while the Ministry of Water and Energy will benefit from 790 million US dollars (493.3 billion) (+40.4%), to develop hydraulic and electrical infrastructures, including the commissioning of Nachtigal (420 MW) and the Lom Pangar foothills plant (30 MW). These strategic projects are designed to support industrialization and meet growing energy demand, positioning Cameroon as a key regional platform in these sectors.

Taxation and economic attractiveness

A revised tax framework to optimize revenues. The Finance Act introduces a number of tax reforms designed to broaden the tax base and strengthen revenue collection. Key measures include a targeted reduction in tax exemptions, a stepped-up fight against tax evasion, and simplified administrative procedures for businesses. Internal revenues and grants are projected at 5,548.1 billion FCFA (please convert into US dollars), up 6%, reflecting the government’s increased efforts to mobilize local resources while strengthening its fiscal attractiveness.

The fall in oil revenues (-8.3%) due to the decline in oil prices and the dollar/CFAF parity is an incentive to further diversify the economy. This could take the form of tax incentives in promising sectors, notably agro-industry and local production, as part of the Plan intégré d’import-substitution agropastoral et halieutique (PIISAH). 2025 also marks a political turning point, with important electoral deadlines, prompting the government to consolidate peace and peaceful coexistence. The acceleration of decentralization and reconstruction initiatives in conflict-affected regions (North-West, South-West, Far-North) is a strong signal for investors and international partners.

Economics opportunities

With economic growth projected at 4.1%, the non-oil sector is becoming the main driver of development (+4.3%). Manufacturing, agriculture and services thus offer considerable opportunities for entrepreneurs, all the more so as public investment is aimed at improving infrastructure to support these sectors.

In 2025, Cameroon is determined to strengthen its economic resilience in the face of global challenges, while supporting the well-being of its people. The budget, structured around strategic investments and macroeconomic stabilization measures, paves the way for an environment conducive to growth, offering positive prospects for investors, businesses and households alike. By Aissatou Amirah


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