Former minister and Cameroonian political figure, Issa Tchiroma Bakary, has raised the alarm about the economic and political situation in Cameroon. In a statement dated February 27, 2026, he spoke of a "technical bankruptcy" of the state, calling for a general mobilization of Cameroonians, both at home and abroad.
Presenting himself as the "elected president," Tchiroma Bakary denounced an accelerated deterioration of the country's economic and institutional situation since the beginning of 2026. He pointed to alarming financial indicators, a growing national debt, and difficulties in meeting financial commitments. According to him, the Cameroonian population is suffering the consequences of these difficulties through delays in infrastructure projects, a persistent energy deficit, and shortcomings in the healthcare system.
Tchiroma Bakary also denounced a governance crisis, claiming that Cameroon is "confiscated by the trafficking of high instructions" and that there is no longer a government at the top of the state, but rather a "war of clan leaders". He also questioned a moral crisis, referring to images of debauched presidential intimacy and the triviality of morals at the top of the state, which he considers to be a bad example for young people.
The former minister launched an appeal for mobilization, inviting Cameroonians to "raise their heads" in the face of what he considers to be an usurping power. He called for generosity to support the victims of post-election repression and encouraged Cameroonians in the diaspora to get involved in the battle for the "Palais d'Etoudi," the seat of the Cameroonian presidency.
In parallel with this statement, Cameroon faces increasing economic challenges. The country has faced a sequence of significant repayments on the BEAC (Bank of Central African States) public securities market. In February 2026, the Cameroonian Treasury had to repay 52.750 billion FCFA for a bond issue and 13.442 billion FCFA for Treasury bills, for a total of 65.7 billion FCFA. To meet these deadlines, Cameroon issued new government securities for an amount of 70 billion FCFA.
In January 2026, the average interest rates paid to investors on Treasury bills fell slightly, settling at 6.87% against 7.11% in December 2025. However, these rates remain higher than in previous years, reflecting increased competition in the CEMAC (Economic and Monetary Community of Central Africa) public securities market.
In the area of infrastructure, construction work on the Dschang cliff continues, with an estimated completion rate of 60%. The project, which has experienced hazards such as landslides, is expected to be completed by April 14, 2026.
The economic and political situation in Cameroon therefore remains worrying, marked by financial challenges, political tensions and infrastructure development issues. The coming months will be decisive for the future of the country.
