Gabon’s Senate Approves Over 382 Billion FCFA for Public Works in 2026 Budget Revision BODY: Libreville, Gabon – In a significant move, the Gabonese Senate has allocated an impressive sum of 382. 872. 350.
195 FCFA for public works in the 2026 budget revision.
The funds are allocated under two key areas: equipment and infrastructure, which receive 379. 152. 816.
417 FCFA, and pilotage and support for infrastructure and public works, totaling 3. 719. 533.
778 FCFA. Minister of Public Works and Construction, Égard Moukoumbi, highlighted that these allocated funds will facilitate the execution of programs aligned with the National Growth and Development Plan (PNCD).
The focus on infrastructure is crucial, as it forms the foundation for all development efforts in Gabon. During the budget review, senators raised concerns regarding halted projects and delays in the delivery of certain works. Despite these challenges, the government remains committed to advancing its infrastructure agenda.
The Senate’s adoption of the 2026 budget, initially proposed at 6,358. 2 billion FCFA, reflects a more realistic approach to financial planning. This revised budget aims to accelerate local investment and improve municipal management.
Experts advise that while the allocation for public works is a positive step, it is crucial for the government to ensure effective utilization of these funds and maintain transparency in the spending process.
The successful implementation of this budget revision could significantly impact Gabon’s economic development.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: Agpgabon
Source: Redaction
