The Bank of Central African States (BEAC) initiated a new liquidity injection operation into commercial banks on Tuesday, October 22, 2024.

Contrary to the last two transactions, the issuing institute of the six CEMAC countries (Cameroon, Congo, Gabon, Equatorial Guinea, Equatorial Guinea, Equatorial Guinea, Chad and CAR), on October 22, offered 300 billion FCFA. This envelope seems more suited to the current needs of banks, based on the results of the latest operations. The BEAC indicated that 20% of inflation in CEMAC is of monetary origin. To support this position, she indicates that the injection of large volumes of liquidity into economic circuits, particularly through bank financing, contributes to maintaining inflation, especially in countries such as those of CEMAC, in which most goods and services are imported