GABON

IMF approves disbursement of $147 million to Gabon to respond to COVID-19 economic turmoil

The Executive Board of the International Monetary Fund (IMF) on Thursday approved the disbursement of $147 million to Gabon to respond to COVID-19 economic turbulence. The money, to be drawn under the Rapid...

IMF Executive Board Completes the Fourth and Fifth Reviews of the Extended Arrangement for Gabon, and Approves US$123.5 Million Disbursement

· Prudent macroeconomic policies have contributed to Gabon’s economic recovery · The government’s reform program supported by the IMF aims to restore macroeconomic stability and lay the foundation for inclusive growth.

IMF approves additional release of $123.5 million to Gabon, part of the $642 million loan secured in 2017

The executive board of the International Monetary Fund (IMF) on Monday approved an additional release of $123.5 million to the Central African country of Gabon, part of a $642 million loan secured in 2017 under an...

Gabon president appoints eldest son Noureddin Bongo Valentin assistant to the president in charge of “all affairs of the state”

The President of Gabon Ali Bongo Ondimba has appointed his eldest son Noureddin Bongo Valentin as an assistant to the president in charge of "all affairs of the state". Noureddin Bongo Valentin was...

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Former African presidents release joint statement backing embattled African Development Bank President Akinwumi Adesina

In an unprecedented move, former African heads of state and government released a jointly signed letter...

African Development Bank approves €88 million ($98 million) loan for Senegal to respond to COVID-19

The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard...

IMF Executive Board Approves FY 2021-FY 2023 Medium-Term Budget

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for...

Former African presidents release joint statement backing embattled African Development Bank President Akinwumi Adesina

In an unprecedented move, former African heads of state and government released a jointly signed letter on Friday, backing the embattled...

Read full remarks by IMF Managing Director Kristalina Georgieva on financing for development amid COVID-19

Good morning. I want to thank Prime Minister Trudeau, Prime Minister Holness, and Secretary-General Guterres for keeping a focus on development amidst...

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