Search

Gabon’s Public Debt Drops to 54% of GDP, Officials Say

Allen dreyfus Logo
© Allen Dreyfus
  • Debt declines from 58% to 54% of GDP in 2024, though Fitch estimates are higher
  • Government seeks to strengthen financial stability with further debt buybacks

Gabon’s public debt stood at 54% of GDP at the end of 2024, down from 58% a year earlier, according to official figures released on Friday. The drop, authorities said, was due to the country’s ability to meet its debt obligations despite liquidity challenges.

Recent Business

Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Morocco sees 4.2% growth in early 2026 as agriculture, services offset export headwinds
Read More »
A bustling marketplace in Benin. Photo by Greg Keelen @ Unsplash
Benin tests global appetite for Islamic bond in frontier-market return
Read More »
The Ghana Gold Board signs a gold refining agreement with Gold Coast Refinery Company. Photo: Goldbod/Facebook
Ghana to refine gold locally before export in major value-addition shift
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights