2027 State Budget: Gov’t Fine-tunes Priorities

Principal axes for public investment came under scrutiny during a cabinet meeting chaired by the Prime Minister, Head of Government, Joseph Dion Ngute yesterday October 27, 2026.

B udgetary projections by the State of Cameroon for the 2027 fiscal year are expected to be presented in Parliament during the November session which opens in two weeks from now, precisely November 10. It is in this respect that the Prime Minister, Head of Government, Joseph Dion Ngute chaired a cabinet mee­ ting yesterday October 27, 2026 with main focus on fine-tuning the document that has to be presented before legislators. Two main pre­ sentations took place with the Mi­ nister of Finance, Louis Paul Motaze, highlighting the hypothesis and bud­ getary projections for 2027 while the Minister of Economy, Planning and Regional Development, Alamine Ousmmane Mey, focused on principal axes of the public investment budget for next year. In his opening remark, the Prime Minister said the cabinet meeting was holding within a framework of a double obligation; which is legal and strategic. For legality, Article 75(1) of the July 11, 2018 law on the fiscal regime of the State gives the Prime Minister the power to coordinate the drafting and scrutiny of the proposed State budget, hence the cabinet meeting. Strategically, the Head of Government said the present context of persistent na­ tional and international challenges makes it imperative to sustain ma­ croeconomic equilibrium through structural investments as outlined in the National Development Stra­ tegy. Taking the floor, the Minister of Fi­ nance, Louis Paul Motaze, said the proposed State budget for next year will witness an increase. He however did not mention the global amount, explaining that the proposals have to be sent to the Presidency where possible modifications can be made before it is submitted to Parliament in the November session. For prio­ rities in the budget, he said enhan­ cing the energy sector and settling internal debts occupy the pride of place. “What can we do if we lack energy? Individuals and enterpr...

Commentaires

    List is empty.

Laissez un Commentaire

De la meme catégorie