Oyem, Gabon — April 19, 2026 (Impulsradio) — The municipal council of Oyem, located in the Woleu-Ntem province of Gabon, has successfully adopted a budget totaling 1. 09 billion FCFA for the 2026 fiscal year.
The budget, presented by Mayor Chen Sylvestre Mezui M’Obiang, was met with acclamation, reflecting the council’s confidence in the mayor’s vision for the city’s development.
In a statement following the vote, Mayor Mezui M’Obiang expressed his gratitude to the municipal council for their support. Officials commented on the matter. “We will transform our institution into a ‘mairie-entreprise’that generates resources to develop our city.”.
The mayor’s vision includes the creation of a municipal real estate portfolio to raise funds through financial markets, drawing inspiration from the city of Bouaké in Côte d’Ivoire.
The budget, which is balanced in terms of revenue and expenditure, allocates 32% to investment, totaling 348. 986. 24 FCFA, with the remainder dedicated to operational costs.
A significant portion of the budget, 493. 189. 28 FCFA, is allocated to the compensation of elected officials and staff salaries, the largest expenditure item in the municipal budget.
This reflects the city’s commitment to maintaining a skilled workforce.
The approved budget represents a decrease from the 2025 budget, which stood at 1. 131. 33 FCFA, indicating a focus on efficient fiscal management.
The session concluded with the adoption of several resolutions, including the retirement of aging agents, the recruitment of long — term employees, and the construction of a dispensary in the first arrondissement of the city.
As Oyem moves forward with its 2026 budget, the emphasis on waste management and infrastructure is expected to significantly improve public services and environmental health.
The city’s focus on these areas aligns with its broader strategy to enhance the quality of life for its residents, particularly the young demographic and the majority Fang community.
The adoption of the 2026 budget by the municipal council of Oyem marks a significant step towards the city’s development goals. With a focus on investment and operational efficiency, the council aims to transform Oyem into a vibrant and sustainable urban center.
The challenges of the broader economic context in Gabon will undoubtedly influence the city’s budget allocation and implementation, but the council’s commitment to innovation and fiscal responsibility is a testament to its dedication to the community’s future.
*Additional reporting by ImNews*
—
By This original article was produced by the ImNews editorial team
Source: Agpgabon
Source: Redaction
