The Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC), the central bank shared by the countries of the Central African Economic and Monetary Community (CEMAC) including Gabon, held its fourth ordinary session of the year on 15 December 2025 in Yaoundé (Cameroon), chaired by Governor Yvon Sana Bangui.
The committee raised the tender interest rate (TIAO) from 4.50% to 4.75% and the marginal lending facility rate from 6.00% to 6.25%. The deposit facility rate remains at 0.00% and reserve requirement ratios stay at 7.00% on demand liabilities and 4.50% on term liabilities.
Updated BEAC staff projections for CEMAC in 2025 show growth slowing to 2.4% (against 2.7% in 2024), inflation of 2.2% (against 4.1%) and a current account deficit of 2.9% of gross domestic product (GDP). Foreign exchange reserves would fall by 2.6% to 6,377.3 billion CFA francs at end-2025, equal to 4.2 months of imports, and the external coverage ratio of the currency would drop to 67.0%, from 74.9% at end-2024. The press release cites this decline as the reason for the decision.
