Cameroon has not been immune to the turbulent international context of recent years, with government priorities focused on managing external shocks and easing the burden of inflation for the population, while monitoring a debt burden that has been classed as high risk of distress by the IMF.
Over the longer term, the government’s Vision 2035 strategy seeks to reduce poverty and establish middle-income country status by 2035 – but widespread security challenges remain a persistent threat to this ambition.
The country signed an Economic partnership Agreement with the UK in March 2021 and held the first bilateral EPA Committee meeting in June 2023 to progress implementation of the agreement and boost trade. Reversing the current revenue challenges and addressing the debt burden will be a crucial objective ahead of presidential elections due in 2025.
At this roundtable, HE Alamine Ousmane Mey, Minister of Economy, Planification, and Spatial Planning, will outline the vision for Cameroon’s economic future, and its strategy for job creation and human development.