Gabon unlocks 51 billion FCFA to clear internal debt to businesses
As Gabon prepares to mark its 66th Independence Day, President Brice Clotaire Oligui Nguema has unveiled a 51 billion FCFA allocation to settle a portion of outstanding debts owed to companies. This landmark initiative aims to bolster small and medium-sized enterprises (SMEs) and reignite private sector momentum across the nation.
The Gabonese government is intensifying efforts to address its internal debt crisis. In the lead-up to Independence Day celebrations, the president confirmed the clearance of 51 billion FCFA in business claims, signaling a commitment to economic recovery.
The allocated funds are divided strategically: 30 billion FCFA targets businesses in the mining and timber industries, while the remaining 21 billion FCFA will settle debts for a broader range of enterprises, ...











