Banking Commission of the Central African Republic publishes June 2026 Monetary Policy Committee dashboard with 3.2 percent CEMAC growth forecast and inflation easing to 1.0 percent

The Banking Commission of the Central African Republic has published the June 2026 dashboard of key economic, monetary and financial indicators for the Central African Economic and Monetary Community. The data point to a modest slowdown in regional real growth to 3.2 percent in 2026 from 3.4 percent in 2025, alongside continued disinflation. For March 2026, CEMAC inflation stood at 1.0 percent year on year and 1.4 percent on an average annual basis. Country trends remain uneven, with 2026 real growth forecasts ranging from 5.3 percent in Chad and 5.2 percent in Congo to a 2.7 percent contraction in Equatorial Guinea. The regional fiscal balance is projected to improve to a deficit of 1.0 percent of GDP in 2026 from 2.6 percent in 2025, while the current account deficit is expected to narrow to 2.9 percent of GDP from 4.0 percent, although external public debt rises to 27.7 percent of GDP from 25.9 percent. On monetary conditions, the Bank of Central African States auction rate was 4.75 percent and the marginal lending facility rate 6.25 percent through May 2026. In March 2026, credit to the economy in CEMAC was up 12.5 percent year on year, broad money rose 5.7 percent, net foreign assets fell 9.2 percent and the external coverage ratio stood at 70.24 percent. The regional government securities market continued to expand, with outstanding Treasury bills and bonds reaching XAF 10,020.5 billion at 31 May 2026 and the weighted average issuance rate for January to May 2026 at 7.72 percent.