(Business in Cameroon) - On January 15, 2015, the Brent price on the international market is still under 50 dollars. Yet, according to Lazare Bela, former Economic Affairs Director and current Technical Advisor to the Ministry of Finance, crude oil forecasts in the State’s preparation for the 2015 budget, was 89 dollars, which is 49 dollars less than the Camerooon government’s.

While the price is not rising quickly, as several analysts predicted, the oil portion of the 2015 budget (20%) will be quite below predictions, which will represent a significant loss in revenue for the Treasury Department. In an interview in the government’s daily publication, the Finance Ministry’s Technical Advisor stated that, if this should happen, “we will be obliged to gradually adjust as we see gaps between forecasts and actual outcomes.”