In 2018, the debt strategy devoted a significant amount of external and domestic financing to support investment and refinancing of the public debt. The aim was to boost national economic growth and promote better debt ratios in the medium term. The 2019 public debt strategy is in line with the previous year, characterized by the persistence of the budget deficit. This deficit will be financed by program loans, project loans and bond issues.
Program loans and project loans will be signed with bilateral and multilateral partners. Bond issues will be carried out on the financial market of the sub-region. In this context, the State authorized by the Finance Act 047/2018 of 30 January 2019, a total debt of one hundred and twenty billion (120,000,000,000) of CFA francs through a bond loan. To this end, the Gabonese Republic represented by the Minister of Economy, Finance and National Solidarity wishes to mobilize, by public call for savings, the sum of one hundred billion (100,000,000,000) FCFA on the financial market of the CEMAC zone, intended to partially finance the investments in internal resources of the 2019 budget.
