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
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Mali is seeking to strengthen digital skills training as part of its digital transformation strategy. The issue was discussed between Mali’s ICT...
Ghana is exploring new solutions with Huawei to strengthen rural telecom coverage. The discussions focus on expanding the Rural Telephony Project...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...