The budget for the year 2021 was drawn up in an economic and social
context marked by:

  • the coronavirus pandemic that affected almost every country in the
    world. This has led to: (i)the fall in total wealth set up in the world (GDP)
    by 4.4% in 2020, the biggest drop since the economic crisis of 1929; (ii)
    the fall in world crude oil prices by 33.2% compared to 2019 to reach
    US$41 in 2020; (iii) the closure of borders and the fall in external demand;
    (iv) diffi culties in supplying Cameroon with food and imported inputs;
    (v) Cameroon’s admission to the initiative of the group of the 20 richest
    countries in the world, relating to the suspension for a period of time
    of debt repayment in order to deal with the coronavirus; (vi) fi nancial
    contributions in the form of grants and loans from donors (World Bank,
    European Union …) to fi ght against the coronavirus;
  • speed up of the decentralization process;
  • continuation of work towards the organization of CHAN 2021 and
  • persistence of security challenges in the Far North, North West and South
    West. d’améliorer le fi nancement de la lutte contre la Covid-19.

    In order to have the amount of the 2021 budget, the Government hopes :

  • an increase in Cameroon’s total wealth (GDP) of 3.3% in 2021 compared
    to 2020;
  •  oil production of 24.8 million barrels with a barrel price of US$40.3;
  • gas production of 82 billion units with a price of US$4.4 per barrel;
  • US dollar estimated at 579.8 CFA francs;
  • increase in consumer prices of 2.5%;
  • budget defi cit of 2.8% of GDP.

The first 10 programmes account for 30.1% of the general budget. The
programme for the construction of roads and other infrastructure is in
fi rst place with a weight of 6.97%.