Gabon’s Public Debt: UDB Founder’s Cabinet Clarifies Situation. LIBREVILLE, Gabon — 12 February 2026 (AGP) – The cabinet of the founder of the Union Démocratique des Bâtisseurs (UDB), Gabon’s leading political party, has provided clarifications on the country’s public debt situation, responding to recent inaccuracies from political actors, the Agence Gabonaise de Presse reported. Addressing the media during a press conference on Thursday, the cabinet members emphasized that the public debt stood at 1,368 billion CFA francs in 2009, accounting for approximately 20% of the Gross Domestic Product (GDP).
By the end of 2022, eight months before the “coup de libération, “the debt had grown to 7. 137. 7 billion CFA francs, representing 64.
4% of the GDP – a fivefold increase over fourteen years.
According to current estimates by the General Directorate of Debt, the debt is now at 8,606 billion CFA francs, with nearly 82. 93% of the debt stock accumulated during the time when the former prime minister, Alain-Claude Billie By Nze, was in office.
The UDB cabinet praised the efforts of the President of the Republic in repaying the country’s financial commitments since the political transition period. Director of the Cabinet, Jean-Pierre Oyiba, reminded the audience that despite political differences, the President’s founder remains committed to an inclusive vision. Cabinet Urges Inclusive Approach Amid Debates.
The cabinet’s statement comes amid a debate over the country’s economic situation, with some political actors spreading misleading information.
The UDB’s clarification aims to counteract these false narratives and emphasize the need for an inclusive approach to Gabon’s economic challenges.
The situation highlights the complexities surrounding public debt management and the importance of accurate information in political discourse.
As the country moves forward, the UDB’s call for inclusivity suggests a focus on collaborative efforts to address the economic issues facing Gabon. Next Steps and Uncertainties. While the UDB cabinet has provided insights into the public debt situation, the next steps and the full implications of the debt remain unclear.
Further details are expected as the government continues its efforts to manage the country’s financial obligations.
