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Banking sector: the World Bank is again blocking its financing to Gabon

14/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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La Banque mondiale à nouveau bloqué ses en direction du Gabon due persistent delinquencies, according

to the financial institution.

Africa Intelligence a annoncé le 13 janvier 2025 que la World Bank has suspended disbursements to Gabon for the second time in less than a year. According to information, the bank highlights an accumulation of unpaid bills, which seriously undermines the relationship between Libreville and the Bretton Woods institution. The decision to freeze funding would be notified to the Ministry of the Economy shortly before the extraordinary summit of the Economic and Monetary Community of Central Africa (CEMAC) in Yaoundé on December 16, 2024. In fact, these delays in particular endanger projects financed by the Bretton Woods institution, especially those in strategic sectors such as education, health and infrastructure

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