Cameroon Plans to Raise Energy Subsidies to 340b CFA Francs

Cameroon plans to increase its energy subsidy budget to 340 billion CFA francs in 2027, reversing years of cuts and keeping fuel and electricity prices under state support.

The amount is 30 billion CFA francs higher than the 310 billion CFA francs planned for 2026, according to the country’s 2027-2029 Medium-Term Economic and Budgetary Programming Document. The plan comes despite repeated calls from the International Monetary Fund for a reform of fuel pricing.

The increase is part of a wider rise…