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Non-payment of obligations: the WB suspends Gabon's right to make withdrawals

04/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Dans une lettre rendue publique mercredi, la Banque mondiale a annoncé avoir suspendu le droit du Gabon d' effectuer des retraits dans le cadre de son programme en raison du non-payment of outstanding obligations.

A World Bank spokesperson said that the suspension of disbursements is a procedure provided for in financing agreements between the World Bank and countries. In its letter, the financial institution said that outstanding payments were approximately $17 million at the close of trading on June 30

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