Gabon targets $2 billion in international borrowing for 2027 budget

Sep 21, 2026

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Gabon targets $2 billion in international borrowing for 2027 budget

Gabon's government plans to raise 1.144 trillion CFA francs ($2.01 billion) from international markets in 2027 under a draft ​budget that assumes faster economic growth and a ‌rebound in oil output, while debt service and debt repayments rise sharply.

The draft finance bill, and subject to parliamentary approval, puts ​total state resources and expenditure at 6.223 trillion CFA ​francs, up 727.9 billion CFA francs from the revised 2026 ⁠budget, according to a statement by the Economy and Finance ​Ministry published over the weekend.

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Planned 2027 funding also includes 600 ​billion CFA francs raised from domestic or regional markets, 300 billion CFA francs in bank borrowing, 600 billion CFA francs in budget support and 287.3 ​billion CFA francs in project finance.

Economic growth forecast at 4.5% ​in 2027, compared with 4.0% in 2026.

Oil production expected to rise 4.1% ‌to ⁠11.30 million metric tons, from 10.80 million tons in 2026.

The budget assumes an average Gabonese crude price of $70 a barrel in 2027, down from $80 in 2026.

Manganese output projected to increase 8.6% ​to 10.35 million ​tons, while ⁠the assumed price rises 45% to $241.9 a ton.

Iron ore production is expected to begin in ​2027, with output projected at 1.5 million tons.

Debt ​servicing costs ⁠are projected at 667.3 billion CFA francs in 2027, up from 487.6 billion CFA francs in the revised 2026 budget.


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