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Analysis by Region - Africa

Publisher Oxford Economics
Published Oct 28, 2025
Length 6 Pages
SKU # OFE20536007

Description

In stark contrast to our earlier expectations, Gabon has doubled down on its public spending-focused economic growth model with highly ambitious expenditure plans for 2026. Following through with budgetary plans for next year, which incorporate a surge in capital spending, will effectively distance Gabon from an IMF deal as austerity takes a back seat. The budget plan outlines a deficit target of around CFAfr2.9trn. If implemented, we believe it will result in a clear deviation from the Cemac convergence criterion. We expect funding constraints to result in lower-than-targeted capital expenditure, thereby highlighting Gabon's budget credibility issues.

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6 Pages
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