Treasury Advances Deepen Cameroon’s Payment Arrears, Now at CFA1 Trillion

Cameroon has acknowledged that its growing use of Treasury advances to finance off-budget spending is contributing to the accumulation of unpaid government bills, highlighting a structural weakness in the country's public financial management. In its 2027-2029 Economic and Budgetary Programming Document (DPEB), the government said it intends to reduce reliance on these cash advances in an effort to slow the buildup of outstanding payment obligations, commonly referred to as the floating debt. As of the end of March 2026, outstanding payment arrears stood at CFA1.026 trillion ($1.8 billion). Of that amount, CFA452.5 billion, or about 44%, consisted of invoices that…

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