On January 26, 2024, Fitch Ratings confirmed Gabon's issuer default rating (IDR) in long-term currencies to “B-” at “B-”, with a stable outlook. The grade has been removed from Negative Rating Monitoring (RWN)

Gabon's “B-” IDRs reflect a higher GDP per capita than its peers and improved fiscal settings in the face of political uncertainty, heavy dependence on oil, and a history of poor financial management public (GFP ) which have resulted in a continuous accumulation of arrears on external debt. The stable outlook reflects our expectation that high oil prices and increased mobilization of non-oil revenues will support Gabon's fiscal position, allowing for a fall in the debt-to-GDP ratio

The removal of RWN reflects the easing of political uncertainty following the formation of a transitional government including representatives of civil society, members of the opposition, and members of the former Bongo administration. The regime plans to organize a national dialogue to draft a new constitution and a new electoral code in order to organize free and fair elections, scheduled for August 2025.