(Business in Cameroon) - The 2019 finance act submitted November 16 by the Cameroonian government eyes a budget of CFA4,850.5 billion. Compared to the current year’s CFA4,689.5 billion, the figure is up CFA161 billion.

Pending a possible amendment by the National Assembly, the draft law planned CFA2,465.5 billion for current expenditure, CFA1,327.6 billion for capital expenditure and CFA1,057.4 billion for public debt servicing.

In terms of revenues, the Cameroonian government plans non-oil revenues to reach CFA3,079.5 billion while oil revenues are expected to total CFA450 billion. Project loans are estimated at CFA588 billion and CFA260 billion will go for government securities issuance.

Bank financing are estimated at CFA65 billion, support from development partners at CFA329 billion and donations at CFA79 billion.

Sylvain Andzongo