logoBC
Yaoundé - 27 January 2023 -
Public management

Cameroon sees inflation down to 3% in 2023, despite global context

Cameroon sees inflation down to 3% in 2023, despite global context
  • Comments   -   Tuesday, 29 November 2022 15:32

(Business in Cameroon) - The Cameroonian government expects inflation to ease to 3% next year, despite the ongoing Russia-Ukraine conflict and its global impacts.

While presenting the 2023 budget draft law before the parliament last November 25, Prime Minister Joseph Dion Nguté did not mention the reasons behind this optimistic inflation outlook. He however warned that “the national economic outlook remains dependent on the uncertainties inherent in the duration of the conflict in Eastern Europe".

The official recalled that the Russia-Ukraine war was the main catalyst for inflation in the Cemac zone in 2022. By the end of this year, the indicator is projected to be 4.6% in Cameroon.

BRM

cameroon-the-special-tax-on-petroleum-products-will-soon-be-extended-to-natural-gas-despite-gdc-s-request
The Cameroonian government is continuing its process to extend the special tax on petroleum products to natural gas, despite a request from Gaz du...
cameroon-acquires-a-pavilion-at-the-paris-agriculture-show-a-first-time
For the first time, Cameroon has acquired a pavilion at the Paris International Agricultural Show (SIA). This year, the event will take place from...
cameroon-hosts-afwa-symposium-on-drinking-water-production-distribution
The Cameroonian capital is hosting, starting today, a two-day international symposium on the management of companies active in the production and...
cameroon-memve-ele-dam-s-low-production-leads-to-rolling-blackouts-eneo
The Cameroonian population will soon experience episodes of rolling blackout, which the power utility Eneo blamed in a January 25 statement on the decline...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »