Actu Eco » Banque et Finance

The African Development Bank: Ranks Cameroon as the leader in economic growth in the CEMAC zone in 2025.

Dernière mise à jours il y'a 11 mois

The African Development Bank (AfDB) has published its report on the economic outlook for sub-Saharan Africa. It appears that Cameroon will record the highest economic growth rate within the Economic and Monetary Community of Central Africa (CEMAC)

Lire aussi : Electricity in Africa : IEA's solutions to address financing challenges

Indeed, according to the pan-African banking institution, the country of Paul Biya is expected to show a growth rate of 4.3% compared to 3.7% for Chad, 3.6% for Congo, 2.7% for Gabon, and the Central African Republic (CAR) which is expected to record an economic growth rate of 2.6%. On the other hand, Equatorial Guinea would be the only country in the monetary zone to experience a recession of -0.8% according to the AfDB.Upon observation, these projections by the African Development Bank are similar to those of the International Monetary Fund (IMF).According to the International Monetary Fund (IMF), Cameroon is expected to experience the highest economic growth in 2025, with a projected growth rate of 4.2%, up from 3.8% in 2024. The Cameroonian government, on the other hand, forecasts a growth rate of 4.1% in 2025.Regarding the other countries of the Economic and Monetary Community of Central Africa (CEMAC), the IMF projects the following growth rates: 3.7% for the Congo, 2.6% for Gabon, 2.9% for the Central African Republic, and 3.8% for Chad. Equatorial Guinea, on the other hand, is expected to experience a negative economic growth rate of -4.8%.These projections indicate that Cameroon's economic growth will remain below the target of 8% set in the National Development Strategy 2020-2030 (SND 30).Regarding inflation, the African Development Bank (AfDB) forecasts an inflation rate of 4.1% for Chad, closely followed by Cameroon, the largest economy in CEMAC, with 3.7%, and Congo with 3.3%. The other three countries would meet the convergence criterion of 3% set by CEMAC. The AfDB also predicts an inflation rate of 2.6% for the Central African Republic, 2.1% for Gabon, and 2.5% for Equatorial Guinea, despite an expected recession in the latter country

 Christelle koambi

christelle
JESSICA CHRISTELLE KOAMBI
286 0

Commentaire(s) du post

Nous sommes ravis que vous souhaitiez laisser un commentaire sur notre site. Pour nous aider à maintenir un environnement respectueux et constructif, nous vous invitons à fournir votre nom, prénom et adresse e-mail. Cela permettra également de créer une communauté engagée et authentique. Nous apprécions votre contribution et nous avons hâte de lire votre commentaire. Merci d'avance!

Africa First Club

Inscrivez vous à notre Newsletter

© Africa First Club. All Rights Reserved. Design by Brice eyebe