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

Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda’s franc weakens as global currency shifts reshape FX markets
Read More »
Photo by Guy Basabose @ Unsplash
DR Congo’s $50 million FX boost fails to shift deep dollarisation
Read More »
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Mozambique cuts interest rates again as debt delays shake liquidity
Read More »

Recent Politics

Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin extends presidential term from five to seven years
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal’s soaring presidency budget sparks scrutiny amid economic strain
Read More »

Latest Posts

Latest news insights