The projects

A. Framework of the operation

In 2018, the debt strategy devoted an important number of internal and external financing as a support to the investment and financing of the public debt. The target was to boost the national economic growth and to promote the emprovement of debt ration in the long run.
The public debt strategy 2019 goes along with that of last year, characterized by the persistence of budget deficit. This deficit will be financed by loans program, loans projet and bond issues. Loans projet and program will be signed by bilateral and multilateral partners. As for bond issues will be done on the financial market of the sub region.

In this context, the state authorized by the financial law 047/2018 of the 30th January 2019, a global debt of 120 000 000 000 CFA Franc through a bond loan. In fact, the Gabones Republic, represented by the minister of Economy, finance and National Solidarities wish to mobilise, by public offering, the amount of one hundred billion CFA Franc (100 000 000 000) on the financial market of CAEMC are, destined to the partial financing investments on internal esources of the 2019 budget.

These investment are nobody projet regarding roads, education, health, professional formation, agriculture and rural development as well as other projets.

This bond loan is paid at the annual rate of 6.25% on 5 years maturity of an amortizing loan of 1 year.

B. Loan object and destination

The product of issue bond loan by public offering “EOG 6.25% Net 2019-2024” on the financial market of the (CAEMC) states members, will be use to partially finance certain investment projets enshrined in the legislation of finance 2019, financed on own resources.

PROJECTSGLOBAL COSTFINANCED COST BY APE% APE AMOUNT
Project: Seed program phase II1 000 000 0001 000 000 0001
Project: Rural and agriculture development program3 562 502 4671 000 000 0001
Biodiversity conservation and sustainable forest and waters management15 087 011 0002 096 553 1062,1
Project: Arc Emeraude – protected areas management around Libreville7 215 527 0001 199 766 0061,2
Project: Control of forest management7 871 484 000896 787 1000,9
Management of hydraulic resources and sanitation43 624 890 9001 146 381 4921,1
Project: Acces to basic services and capacity building of rural services35 224 890 900300 000 0000,3
Project: hydraulic pumps8 400 000 000846 381 4920,8
Health: offer and access to medical care18 000 000 00014 000 000 00014
?10 000 000 00010 000 000 00010
Project: equipment for provential hospitals8 000 000 0004 000 000 0004
Pre-primary, primary and secondary education23 145 000 00014 645 000 00014,6
Project: rehabilitation and development of school infrastructures19 200 000 00010 700 000 00010,7
Project: College and high Schools development program3 945 000 0003 945 000 0003,9
Equipment and infrastructures143 982 949 96141 445 232 90241,4
Project: management of the road assets16 145 232 90216 145 232 90216,1
Project: management and rehabilitation works of the municipal roadways of Libreville28 137 717 0597 800 000 0007,8
Project: Resurfacing of departmental roads10 000 000 0007 900 000 0007,9
Project: Road development PK 12 – PK 10589 700 000 0009 600 000 0009,6
Building / Constructions, accommodation and collective equipment65 500 000 00017 954 725 00018
Project: comprehensive plan of resettlement40 000 000 0005 000 000 0005
Project: Rehabilitation of Léon Mba and Omar Bongo palaces14 000 000 0001 454 725 0001,5
Project: city and rural lighting11 500 000 00011 500 000 00011,5
Work, employment and professional formation118 136 798 4106 712 107 5006,7
Project: Youth support and employabilite55 513 640 9101 542 107 5001,5
Project: Construction and equipment of 3 centre of professional formation57 953 157 500500 000 0000,5
Project: Development of technical and professional education4 670 000 0004 670 000 0004,7
Total432 039 152 738100 000 000 000100

Gabon Bond Loan 2019: downloadable explanatory leaflet