(Business in Cameroon) - As has been the case for several years now, the trade balance of Cameroon was again in deficit in 2015, as revealed by the figures of the Comité Technique National de la Balance des Paiements (CTNBP - National Technical Balance Payment Committee), which met in Yaoundé on 15 November 2016.

According to this body, the deficit actually increased last year, reaching FCfa 693.9 billion, against FCfa 692 in 2014, thus an increase of close to FCfa 2 billion.

A compilation of the statistics from the Comité Technique National de la Balance des Paiements at the Ministry of Finance moreover reveals that this deficit has been gradually increasing throughout the years.

For example, between 2013 and 2015, it expanded by FCfa 137 billion, from FCfa 557 to 693.9 billion. This means that as time passes, Cameroon is importing much more than it exports.

BRM