{"id":51037,"date":"2026-04-14T10:26:43","date_gmt":"2026-04-14T10:26:43","guid":{"rendered":"https:\/\/journalintegration.com\/?p=51037"},"modified":"2026-04-14T10:26:46","modified_gmt":"2026-04-14T10:26:46","slug":"cemac-entre-signaux-de-stabilite-et-fragilites-persistantes","status":"publish","type":"post","link":"https:\/\/journalintegration.com\/index.php\/2026\/04\/14\/cemac-entre-signaux-de-stabilite-et-fragilites-persistantes\/","title":{"rendered":"CEMAC : entre signaux de stabilit\u00e9 et fragilit\u00e9s persistantes."},"content":{"rendered":"\n

R\u00e9uni le 8 avril 2026 \u00e0 N\u2019Djamena, le Comit\u00e9 minist\u00e9riel de l\u2019Union mon\u00e9taire de l\u2019Afrique centrale a dress\u00e9 un diagnostic contrast\u00e9 de la conjoncture r\u00e9gionale, entre signaux de stabilit\u00e9 et fragilit\u00e9s persistantes. <\/em><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Les travaux ont mis en lumi\u00e8re une \u00e9conomie en phase de consolidation, mais encore expos\u00e9e \u00e0 de multiples d\u00e9s\u00e9quilibres macro\u00e9conomiques.<\/p>\n\n\n\n

Dans l\u2019espace CEMAC, la croissance \u00e9conomique est estim\u00e9e \u00e0 3,5 % en 2025, tir\u00e9e principalement par le secteur non p\u00e9trolier, tandis que les industries extractives ont marqu\u00e9 un ralentissement en fin d\u2019exercice. Parall\u00e8lement, l\u2019inflation a nettement recul\u00e9, passant de 4,1 % en 2024 \u00e0 2,1 % en 2025, retrouvant ainsi un niveau compatible avec les objectifs de stabilit\u00e9 mon\u00e9taire fix\u00e9s par la Banque des \u00c9tats de l\u2019Afrique centrale.<\/p>\n\n\n\n

Pour 2026, les projections tablent sur un ralentissement de la croissance \u00e0 2,9 %, avant une reprise progressive \u00e0 moyen terme. Toutefois, les autorit\u00e9s communautaires alertent sur plusieurs risques majeurs, notamment l\u2019aggravation des d\u00e9ficits publics, la pression sur les r\u00e9serves de change et le durcissement des conditions de financement sur les march\u00e9s internationaux. Ces facteurs pourraient fragiliser les \u00e9quilibres macro\u00e9conomiques d\u00e9j\u00e0 sous tension.<\/p>\n\n\n\n

La coop\u00e9ration avec le Fonds mon\u00e9taire international appara\u00eet \u00e9galement en nette fragilisation. La suspension de la revue r\u00e9gionale des politiques communes a entra\u00een\u00e9 une contraction de plus de 80 % des appuis budg\u00e9taires en un an, affectant directement plusieurs \u00c9tats membres, dont le Tchad et la R\u00e9publique centrafricaine. Dans ce contexte, les ministres appellent \u00e0 une acc\u00e9l\u00e9ration des r\u00e9formes structurelles et \u00e0 la conclusion de nouveaux programmes avec l\u2019institution de Bretton Woods.<\/p>\n\n\n\n

Sur le plan financier, la Banque des \u00c9tats de l\u2019Afrique centrale a enregistr\u00e9 un r\u00e9sultat net de 300,7 milliards FCFA au titre de l\u2019exercice 2025, en baisse de plus de 15 % par rapport \u00e0 l\u2019ann\u00e9e pr\u00e9c\u00e9dente, refl\u00e9tant un environnement \u00e9conomique moins favorable et une gestion plus contrainte des actifs ext\u00e9rieurs.<\/p>\n\n\n\n

Enfin, plusieurs r\u00e9formes structurantes ont \u00e9t\u00e9 adopt\u00e9es, notamment la mon\u00e9tisation de l\u2019or pour renforcer les r\u00e9serves de change, la cr\u00e9ation d\u2019une centrale des risques bancaires int\u00e9grant la microfinance, ainsi que la modernisation des syst\u00e8mes de paiement \u00e0 travers le QR code unifi\u00e9 et l\u2019automatisation des transactions. Ces mesures visent \u00e0 renforcer la stabilit\u00e9 financi\u00e8re et \u00e0 favoriser l\u2019inclusion \u00e9conomique dans la sous-r\u00e9gion. Ces orientations traduisent une volont\u00e9 de consolidation durable. A moyen terme et \u00e0 long terme.<\/p>\n\n\n\n

Jean-Ren\u00e9 Meva\u2019a Amougou<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

R\u00e9uni le 8 avril 2026 \u00e0 N\u2019Djamena, le Comit\u00e9 minist\u00e9riel de l\u2019Union mon\u00e9taire de l\u2019Afrique centrale a dress\u00e9 un diagnostic contrast\u00e9 de la conjoncture r\u00e9gionale, entre signaux de stabilit\u00e9 et fragilit\u00e9s persistantes. Les travaux ont mis en lumi\u00e8re une \u00e9conomie en phase de consolidation, mais encore expos\u00e9e \u00e0 de multiples d\u00e9s\u00e9quilibres macro\u00e9conomiques. Dans l\u2019espace CEMAC, […]<\/p>\n","protected":false},"author":1,"featured_media":51038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[25,30],"tags":[],"class_list":["post-51037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-integration-regionale","category-main-courante"],"yoast_head":"\nCEMAC : entre signaux de stabilit\u00e9 et fragilit\u00e9s persistantes. - Int\u00e9gration<\/title>\n<meta name=\"description\" content=\"CEMAC : entre signaux de stabilit\u00e9 et fragilit\u00e9s persistantes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/journalintegration.com\/index.php\/2026\/04\/14\/cemac-entre-signaux-de-stabilite-et-fragilites-persistantes\/\" \/>\n<meta property=\"og:locale\" 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