STORY HIGHLIGHTS
- Although GDP growth in the CEMAC region increased to 3.0% in 2024, it remains insufficient for substantial job creation and poverty reduction, as income per capita grew by 0.2% in 2024.
- The fiscal balance deteriorated in the region, on average, with countries exposed to significant debt pressures and external vulnerabilities, exacerbated by volatile hydrocarbon prices and an uncertain global trade environment.
- To improve living conditions and create more and better jobs, CEMAC countries need to better target spending to invest in infrastructure and social areas. Reforms are also needed to promote a more vibrant private sector, better management of public finances, and more efficient public services.