AGP Executive Report
Last update: 10 hours agoPublic Finance Crunch: Cameroon’s public investment spending plunged 74% year-on-year in Q1 2026, with only 2.5% of the investment budget executed by end-March, as the government cites technical delays from migrating to the new PROBMIS IA platform. Budget Revenue Shortfall: The state also missed nearly 40% of its first-quarter budget revenue target as external financing fell short, leaving loans and grants far below plan. Inflation Watch: Price growth eased but stayed above the CEMAC 3% ceiling in five regional capitals in May, with Yaoundé exactly at 3% while Maroua recorded a drop. Agribusiness Pressure: Cameroon Development Corporation (CDC) exported 3,085 tons of bananas in June, down 12% from May, reflecting seasonal yield dips and lingering impacts of the Anglophone crisis. Diaspora Savings Push: In Yaoundé, the Finance Ministry launched DIASDEV, exploring a regulated savings product to turn diaspora remittances into long-term investment. Sports & Community: Nigeria’s D’Tigers face Cameroon in FIBA qualifiers; meanwhile, Cameroon’s Roger Milla and Cristiano Ronaldo were highlighted for record World Cup scoring ages, and Nigeria’s NOC president Gumel mourned athletics icon Kalkaba in Cameroon.
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