An International Monetary Fund delegation led by Aliona Cebotari concluded a 10-day mission in Libreville on Friday, March 6 to assess Gabon’s economic and financial situation.
Following meetings with Gabonese authorities, the IMF welcomed the reforms undertaken in recent months to improve public financial management, governance, the business climate, and anti-corruption efforts, the institution said in its end-of-mission statement.
Cebotari stressed that these efforts must continue, highlighting the “critical importance of prudent fiscal and financial policies to preserve macroeconomic stability in Gabon and in the region.”
The assessment is seen as encouraging for Libreville, which hopes to reach a new economic and financial agreement with the IMF by May after three years without a program.
For the Gabonese authorities, such an arrangement is viewed as a strategic priority. Beyond technical support, it would help strengthen the country’s credibility with financial partners and support the implementation of its national economic transformation program.
In its statement, the IMF said discussions will continue in the coming weeks, particularly during the institution’s Spring Meetings scheduled for April.
Gabon’s last agreement with the IMF, approved in August 2021 under the Extended Credit Facility, was suspended after the program’s third review failed due to implementation challenges.
Talks between Libreville and the IMF resumed in 2025. They were later paused by Gabonese authorities, who sought to reconsider the framework of cooperation in order to better align it with the country’s economic realities. Former Economy Minister Henri-Claude Oyima had argued for a shift in approach, noting that Gabon had already signed 17 programs with the IMF without achieving significant results in terms of economic growth.
Sandrine Gaingne
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
First Quantum to sell surplus sulfuric acid amid tightening supply Zambia disruptions, Middle East shortages cut sulfur supply...
Campus to train youth in coding, data, and artificial intelligence Backed by Axian Group, France, and the European Union Project supports Togo’s...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Revenue climbs 29% in Q1 2026 despite lower production Gold output drops across key mines, except Lafigué Higher gold prices offset volume...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....