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Gabon · ECONOMY Key Facts —What happened Interest and other financial charges on Gabon’s debt are set to reach 667.3 billion CFA francs (about US$1.18 billion) in 2027. —The catch That 37 percent jump covers interest and fees only. Repayment of principal is budgeted separately, at 1,879.5 billion CFA francs (about US$3.31 billion). —The numbers […] The post Gabon Debt Interest Costs Set to Jump 37 Percent in 2027 appeared first on The Rio Times.
Gabon plans to raise about $2 billion on international markets next year to help finance its budget and refinance maturing debt, underscoring the governmentโs continued reliance on external borrowing even after a recent audit lowered its estimate of outstanding debt.