Gabon’s Public Debt: UDB Founder’s Cabinet Clarifies Situation. LIBREVILLE, Gabon — 12 February 2026 (AGP) – The cabinet of the founder of the Union Démocratique des Bâtisseurs (UDB) has provided clarity on Gabon’s public debt situation during a press conference held this Thursday, addressing certain inaccuracies made by political figures, the Gabonese Press Agency reported.
According to the cabinet, the debt stood at 1,368 billion francs CFA in 2009, equivalent to approximately 20% of the Gross Domestic Product (GDP).
By the end of 2022, eight months prior to the “coup de libération, “the debt had increased to 7. 137.
7 billion francs CFA, representing 64.
4% of the GDP – a fivefold increase over fourteen years.
The UDB cabinet estimates the current debt to be 8,606 billion francs CFA, indicating that nearly 82. 93% of the debt was accumulated when the former head of government, Alain-Claude Billie By Nze, was in office.
The cabinet praised the efforts of the President of the Republic in repaying the country’s financial commitments since the political transition period. During the media encounter, the Director of the Cabinet, Jean-Pierre Oyiba, emphasized the President’s founder’s commitment to an inclusive vision, despite political differences. UDB Cabinet Addresses Debt Concerns.
The UDB cabinet’s statement comes in response to what it describes as a campaign of defamation by political actors lacking legitimacy, who are spreading misinformation.
The cabinet specifically mentioned the former head of government’s media statements as misleading. Government’s Efforts Acknowledged.
Despite the significant debt burden, the cabinet highlighted the President’s dedication to addressing the issue, indicating that steps are being taken to repay the country’s financial obligations.
Political Differences Remain.
The cabinet’s clarification reflects ongoing political differences within Gabon.
However, it also underscores the government’s commitment to transparency and inclusivity. Further Details Expected.
The situation remains under observation, with further details expected as the government continues its efforts to manage the debt and ensure economic stability.
