Gabon’s finance audits: double scrutiny rattles Libreville
Libreville is bracing for the imminent release of findings from two critical audits examining Gabon's public finances this mid-July. One of these, the Committee for Audit and Consolidation of State's Callable Liabilities, initiated on June 17 by Economy Minister Thierry Minko, is set to unveil its report next week. This particular audit delves into a public debt estimated by authorities themselves at approximately 8,700 billion FCFA, representing between 70% and 74% of the nation's GDP.
Concurrently, the Public Debt Task Force has spent six years meticulously documenting a pervasive system of overbilling and fictitious projects. This extensive investigation partially accounts for the dramatic surge in domestic debt, which astonishingly multiplied sevenfold between 2020 and 2023!
The synchr...











