The conclusion of the Gabon Economic Forum (GEF) has brought renewed focus to one of the most pressing economic challenges facing the nation: the substantial debt owed by the government to private enterprises. Alain‑Claude Kouakoua, President of the Gabonese Business Federation (FEG), highlighted this issue during his address, emphasizing its critical impact on the country’s economic stability.
While the debt has been officially estimated at 4,340 billion FCFA, Kouakoua suggested that this figure may be inflated. Many claims lack proper documentation or contain irregularities, raising doubts about their validity. To address this, a joint audit has been launched in collaboration with the dedicated Task Force and the Ministry of Economy. This process will rigorously differentiate between verified, undisputed debts and those deemed uncertain—debts with insufficient proof or legal backing. Only after this distinction is made will any repayments be processed, ensuring transparency and fairness in the settlement process.
Kouakoua also revealed that approximately 50% of the debt has already been settled since the CTRI administration took office in August 2023. However, many of these payments were not publicly disclosed, contributing to ongoing uncertainty about the true state of the debt. The upcoming audit aims to clarify this situation, with the final debt figure expected to be significantly lower than the widely circulated estimate.
The audit aligns with key recommendations from the GEF 2026, which advocates for a structured approach to debt clearance. Priority will be given to settling domestic debt, including unpaid VAT credits and arrears on public contracts. The strategy involves expedited mechanisms such as securitization and cross-offset procedures, all within a nationally coordinated program. A dedicated National Monitoring Committee will oversee the process, operating similarly to the revived Libreville Club.
Beyond the debt issue, discussions at the forum also touched on improving public statistics and enhancing the National Health Insurance Agency (CNAMGS). However, the resolution of private sector debt remained the central topic, with stakeholders expressing optimism about the potential for restored trust between businesses and the state.
