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

Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
European investors commit $100mn to modernise Senegal’s Port of Dakar
Read More »
Taxi bus Libreville, Gabon. Photo @ Unsplash
Gabon raises over $190mn from regional bond sale
Read More »
A ferry in Botswana. Photo @ Pixabay.
Botswana GDP rebounds 8.2% as diamond surge ends six-quarter slump
Read More »

Recent Politics

African election. Photo by Mikhail Nilov @ Pexels
East Africa’s electoral bodies face credibility test over disputed polls
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »

Latest Posts

Latest news insights