{"id":492974,"date":"2026-07-11T07:37:38","date_gmt":"2026-07-11T07:37:38","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/07\/11\/cameroon-state-plans-an-increase-in-oil-revenues-by-2028\/"},"modified":"2026-07-11T07:37:47","modified_gmt":"2026-07-11T07:37:47","slug":"cameroon-state-plans-an-increase-in-oil-revenues-by-2028","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/07\/11\/cameroon-state-plans-an-increase-in-oil-revenues-by-2028\/","title":{"rendered":"Cameroon: State plans an increase in oil revenues by 2028"},"content":{"rendered":"
<\/div>

In 2027, oil revenues included in the State budget will continue the downward trend that has been ongoing for about five years. However, according to the Cameroonian Minister of Finance (Minfi), this will mark the end of this decline. Indeed, Louis Paul Motaze reveals that from 2028 onwards, and at least until 2029, these revenues will begin to increase by 3.7%. The Cameroonian government member bases these forecasts on the Medium-Term Economic and Budgetary Programming Document 2027-2029, which he presented to the Finance Committees of the National Assembly and the Senate during the parliamentary session of June-July 2026. This document serves as the basis for the budgetary orientation debate for the next two years, which the Minfi submits to deputies and senators every year before the preparation of the budget bill.<\/p>\n

According to this decision-making tool, for 2027, the Cameroonian government is counting on 425.8 billion CFA francs (approximately 742 million USD) in oil revenues. This represents a 35.6% decrease compared to the previous year. From 2028, the Treasury expects to collect 436.8 billion CFA francs (approximately 761.3 million USD) in this regard. The improvement in these oil revenues is confirmed in 2029 with forecasts of 464.2 billion CFA francs (approximately 809 million USD), representing a 3.7% increase compared to 2027.<\/p>\n

The decline in oil revenues in recent years, while there has been an increase in the price of crude oil internationally, is due to “the depletion of fields in operation and the lack of new wells.” This situation naturally affects the expected benefits from the surge in world prices caused by various international crises.<\/p>\n

As a reminder, since January 2026, the Minfi has already spent 300 billion CFA francs (approximately 523 million USD) in Cameroon to support fuel prices at the pump. This allows the government to resist the International Monetary Fund (IMF), which no longer wants the Cameroonian government to continue subsidizing these prices.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

In 2027, oil revenues included in the State budget will continue the downward trend that has been ongoing for about five years. However, according to the Cameroonian Minister of Finance (Minfi), this will mark the end of this decline. Indeed, Louis Paul Motaze reveals that from 2028 onwards, and at least until 2029, these revenues<\/p>\n","protected":false},"author":536817,"featured_media":492977,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/07\/10\/cameroun-letat-projette-une-hausse-des-recettes-petrolieres-des-2028\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[],"class_list":["post-492974","post","type-post","status-publish","format-standard","has-post-thumbnail","category-leaders-en","pmpro-has-access"],"yoast_head":"\nCameroon: State plans an increase in oil revenues by 2028 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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