
Cameroonian banks hold most of Chad’s debt in the CEMAC Region
By the end of February 2024, commercial banks in Cameroon held 56% of Chad’s debt securities on the CEMAC (Central African Economic and Monetary Community) money market, managed by the BEAC, the region’s central bank. According to IMF report 24/335, the Chadian government has become increasingly reliant on Cameroonian banks, “which have purchased virtually all […]