Debt: Gabon will launch a wave of loans in the Cemac zone

by time news

2023-11-08 06:54:10

DIG/ To carry out development projects, Gabon will need significant funding.

To do this, the State plans to launch issues of public Treasury securities in the sub-region.

It is with this in mind that the Minister of Economy and Participations, Mays Mouissi, received on November 6, 2023, managers and representatives of local banks approved as specialists in Treasury securities (SVT) in certain countries in the CEMAC zone.

For the member of the Transition government in charge of the Economy, Gabon’s signature remains one of the best in the sub-region.

For this reason, he urged his local financial partners and the services of the General Directorate of Debt to put in place debt strategies and an exchange framework that allow them to work together for the success of these future issues.

On this issue, bank managers and representatives affirmed their desire to support the State.

However, certain parameters such as maturity and ratios are prerequisites to take into account to take part in these operations.

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