BEAC maintains key interest rates amid CEMAC growth projections

The Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) has decided to maintain its key interest rates unchanged. During its third ordinary session of the year held in Yaoundé, the committee, chaired by Governor Yvon Sana Bangui, reviewed international and sub-regional economic trends alongside the financial system of the Economic and Monetary Community of Central Africa (CEMAC).

The key rates remain as follows: the Main Tender Rate (TIAO) is set at 4.50%, the marginal lending facility rate is at 5.75%, the deposit facility rate is at 0.00%, and the required reserve ratio is held at 6.5%. These rates were previously established in June 2026.

Regarding economic outlooks for 2026, BEAC services project a CEMAC growth rate of 3.0%, a decrease from 3.7% in 2025. Inflation is expected to rise slightly to an annual average of 2.2% compared to 2.0% in 2025. Other projections include a reduction in the budget deficit to 3.3% of GDP and an improvement in the current account deficit to 2.8% of GDP.