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

People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »
Shipyard on the Suez. Photo by Eric Seddon @Pexels
Egypt’s industrial bet: Can the Suez Canal Economic Zone replace lost canal revenues?
Read More »
A woman selling in the market. Photo by B. Aristotlè Guweh Jr @Pexels
South Africa’s inflation puzzle: Markets see calm, households feel the squeeze
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights