2026 budget preparation: MINFI boss calls for actions to double non-oil revenue.

Officials at end of discussions

The Minister of the Finance, Louis Paul Motaze, has urged actors involved in the preparation of the 2026 State budget to focus on boosting non-oil revenue.

Motaze made the appeal Tuesday in Yaounde while launching activities for the preparation of the 2026 State Budget.



The event to end today is taking place under the theme: “Rationalisation of budgetary choices with respect to climate change for a sound and resilient development”.

The minister said revenue sources are shrinking, making it difficult for government to meet its obligations. Motaze said given the context, it is imperative for actors to generate enough money to help government meet up its obligations.

 

Dwindling income sources

The minister disclosed that in recent years, government has consistently been unable to raise revenues as projected in annual budgets. 

In the first quarter of this year, he said the revenue realization was 1,834 billion FCFA representing 82% of what was projected. 

The situation, he said, adds to complicated global socioeconomic and political context in addition to the constraints of climate change.

Motaze also said there is a decrease is money from petroleum products. He disclosed that global budget deficit has been aggravated because of low inflow of revenue from different sources. 

The situation, he said has seen the government recording a deficit of 1.5% in 2024 as compared to 0.6% in 2023. 

Despite reducing subvention on petroleum products, the Minister said increased expenditures on national security challenges, elections, servicing and paying of internal and external debts among others continue to increase the need for more money.

 

External crisis affecting economic performance

The minister highlighted how the effects of climate change is also aggravating economic conditions. 

He called on actors to pay attention to specific environmental problems in communities to improve environmental protection and reduce commercial tensions.

Revenue, the minister noted, is often lost in case of natural disasters like floods, landslides among others which deplete habitats for fishes, livestock and endanger farming communities.

Public policies, he said, must target environmental protection, energy security, industrial development, modernize public administration, and improving the situation of the vulnerable.

Government, Motaze said, will continue to pursue disarmament and demobilization in areas where necessary, improve energy supply, boost the decentralization process, put into use major road and seaport projects.

He also asked collaborators to work to reduce State expenditure. Such actions, the Minister said, must align with the directives of the Head of State relating to the preparation of the State budget for next year.

Yesterday’s ceremony saw five presentations. The lectures touched on issues such as; on the level of implementation of previous benchmarks, macro-economic and political orientations for 2026 budget; internalisation of the objectives of public finance reform among others.

 

This article was first published in The Guardian Post Edition No:3512 of Wednesday July 23, 2025

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