{"id":33417,"date":"2026-04-30T18:02:14","date_gmt":"2026-04-30T16:02:14","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=33417"},"modified":"2026-04-30T18:02:14","modified_gmt":"2026-04-30T16:02:14","slug":"gabon-to-audit-public-debt-as-it-signs-150-million-world-bank-deal","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/gabon-to-audit-public-debt-as-it-signs-150-million-world-bank-deal\/","title":{"rendered":"Gabon to audit public debt as it signs $150 million World Bank deal"},"content":{"rendered":"<p>Gabon&#8217;s Finance Ministry said this Thursday it had signed an additional programme worth $150 million with the World Bank, bringing \u200cthe institution&#8217;s total commitment to $600 million.<\/p>\n<p>&nbsp;<\/p>\n<p>The Ministry&#8217;s statement added that a special commission will be established to conduct a comprehensive audit of the Central African country&#8217;s public debt.<\/p>\n<p>&nbsp;<\/p>\n<p>The oil-producing nation \u2060has stepped up engagement with the International Monetary Fund and the World Bank as it seeks to tighten public finances.<\/p>\n<p>&nbsp;<\/p>\n<p>It plans to audit past borrowing and secure fresh funding for basic infrastructure, following years of debt management concerns and fiscal slippages.<\/p>\n<p>&nbsp;<\/p>\n<p>The reasons for the audit include the failure \u200cto \u2060carry out certain projects and to transfer certain funds into the state treasury accounts, the Ministry said.<\/p>\n<p>&nbsp;<\/p>\n<p>It also noted breaches of contracts and budgetary rules during \u2060the 2016 to 2023 period of the previous administration.<\/p>\n<p>&nbsp;<\/p>\n<p>The commission will be co-ordinated by the minister of economy \u2060and finance and supported by the International Monetary Fund (IMF).<\/p>\n<p>&nbsp;<\/p>\n<p>The audit will last over two to \u2060three months.<\/p>\n<p>&nbsp;<\/p>\n<p>Gabon has formally requested a programme from the IMF to help stabilise its finances.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":33418,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-33417","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Gabon's Finance Ministry said this Thursday it had signed an additional programme worth $150 million with the World Bank","published_date":"2026-04-30 16:30:46","news_description":"Gabon's Finance Ministry said this Thursday it had signed an additional programme worth $150 million with the World Bank","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33417\/revisions"}],"predecessor-version":[{"id":33419,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/33417\/revisions\/33419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/33418"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=33417"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=33417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}