At its second ordinary session of 2026, held on 29 June in Yaounde and chaired by Governor Yvon Sana Bangui, the BEAC MPC cut the tender interest rate from 4.75% to 4.50% and the marginal lending facility rate from 6.25% to 5.75%. The deposit facility rate was kept at 0%, according to Sikafinance.
According to the same outlet, reserve requirement ratios were also lowered: from 7.00% to 6.50% on demand liabilities and from 4.50% to 4.00% on time liabilities. This reduces the share of deposits that banks in the zone must hold at the central bank.
For the CEMAC zone, the projections presented, as reported by Sikafinance, point to growth of 3.2% in 2026 against 3.4% in 2025, average inflation of 2.4% against 2.1%, foreign exchange reserves of 7,962.3 billion CFA francs at end-2026, equal to 4.72 months of imports, and an external currency coverage ratio of 70.7% against 65.2% in 2025. The zone's fiscal deficit would narrow from 3.7% to 1.9% of gross domestic product (GDP).
