Local government debts: State plans deductions from decentralization grants in 2027

Author: Investir au Cameroun PublicationPublished on: November 4, 2026Country: Cameroon

Business & Economy

Local government debts: State plans deductions from decentralization grants in 2027

The Cameroonian government plans to deduct from the 2027 General Decentralization Grant the share owed by decentralized local authorities toward repayment of old commercial debts. The measure appears in a joint circular dated October 29, 2026, published on November 4, on preparing municipal and regional budgets. It applies to debts validated by an audit of state and public-entity arrears from 2000 to 2019; the repayment mechanism assigns 70% to the State and 30% to the debtor entities. An audit released in August 2024 put validated commercial debts owed by local authorities at 14.67 billion CFA francs.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Togo: 20 companies receive more than half of the tax benefits granted by the state

Business & EconomyTogo

Ayi Renaud Dossavi•39m ago

Togo: 20 companies receive more than half of the tax benefits granted by the state

In 2025, the 20 largest beneficiaries received 52.83% of Togo’s tax expenditures, which totaled 174.7 billion CFA francs, according to CONEDEF. Lomé Container Terminal received 25.4 billion CFA francs in tax benefits and ASKY 15.8 billion; exemptions accounted for 90.1% of the total cost. Tax expenditures rose 6.4% year on year, with increases in corporate income tax and business license relief, while VAT relief declined. The 2027–2031 revenue mobilization strategy calls for rationalizing these benefits, as the government targets more than 2.1 trillion CFA francs in tax revenue in 2031.

Benin suspends the deployment of workers to Kuwait, the UAE and Bahrain

Business & EconomyWorld / InternationalBenin

Gildas Amoussou•1h ago

Benin suspends the deployment of workers to Kuwait, the UAE and Bahrain

In a statement dated October 19, 2026, Benin’s embassy in Kuwait announced the suspension of deployments of Beninese workers to Kuwait, the United Arab Emirates and Bahrain. The measure also covers steps that could facilitate recruitment, including issuing criminal-record certificates. The embassy said the decision stems from reforms in Benin aimed at better regulating overseas worker placement, but gave no date for lifting the suspension. The statement did not cite documented abuses against migrant workers in Kuwait and the UAE as a reason for the decision.

Kenya: World Bank warns of the cost of corruption

Business & EconomyPoliticsKenya

AfricaNews•1h ago

Kenya: World Bank warns of the cost of corruption

Corruption costs Kenya billions of dollars each year in lost tax revenue, higher business costs and reduced worker incomes, harming investment and growth, according to a World Bank report. It ranges from routine bribes paid to police officers to public procurement scandals reaching the highest levels of government, and has contributed to mass protests over the past two years. The report ranks Kenya among the most corrupt lower-middle-income countries and estimates that governance weaknesses add about 370 billion shillings, or $2.8 billion, to the annual budget deficit—equivalent to 2% of GDP. The conservative estimate reflects lost tax revenue, inefficient public spending and higher borrowing costs.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox