Gabon’s public debt will worsen additional in 2024 and 2025 in line with the IMF 2024-06-09 08:28:10

by time news


DIG/ However the place do the statistics on Gabon’s debt price in the end come from? estimated at 58% of GDP in 2023 offered by the Director Basic of Debt, Jean-Gaspard Ntoutoume Ayi and the Minister of Economic system and Participations Mays Mouissi throughout this system “Les Grands Dossiers” on Gabon Première in March 2024?

Based on the Fund, in 2023, the Gabon’s debt represented 70.5% of GDP and never… 58% because the Mouissi-Ntoutoume Ayi duo maintains.

How can we clarify such a calculation hole? Who’s telling the reality between the Bretton Woods establishment and the 2 senior officers of the Transition?

Particularly since all of the macroeconomic information printed by the Fund in its report have been validated… by the Gabonese authorities, signifies the establishment.

Whereas the net is aflame on the topic by inviting the Ministry of the Economic system to make clear the query, the contradictory report from the Worldwide Financial Fund continues to be concern the worst relating to Gabon’s debt degree for 2024 and 2025.

Based on Fund projections, Gabon’s public debt will attain below the transition period 73.1% of GDP in 2024 earlier than coming near…80% in 2025 (78.9%).

As a reminder, as a part of the implementation of the Nationwide Transition Improvement Plan (PNDT) evaluated 4536 billion francs over 3 yearsthe Transition authorities plan to borrow over the interval 2024-2026 1276 billion FCFA or on common 425 billion francs per 12 months.

Sources: Gabonese authorities, and IMF employees estimates and projections.



2024-06-09 08:28:10

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