Public debt: Cameroon paid $208.7bn in interests and commissions in 9 months, equivalent to 83% of the Lom Pangar dam’s cost

Between January and September 2023, the Cameroonian Treasury settled debts amounting to a total of CFA896.1 billion, according to figures reported by the national sinking fund (CAA). 76.7% of this sum represents the principal (CFA687.3 billion) and the remaining 23.3% covers the interests and various commissions amounting to CFA208.7 billion, averaging at CFA23.2 billion monthly. These charges alone constitute 83% of the CFA240.9 billion dedicated to the construction of the Lom Pangar dam, a reservoir with a capacity of 6 billion cubic meters, recognized as the most strategically important energy infrastructure in Cameroon. In detail, CFA642.7 billion was used for…