Brigadier General Brice Clotaire Oligui Nguema, the president of Gabon’s junta known as the Committee for the Transition and Restoration of Institutions (CTRI), met with financial officials of the government on Friday to discuss ways to revive the country’s economy.
The meeting was held in the wake of the recent ousting of President Ali Bongo.

Bongo was accused of corruption and mismanagement, and the junta has promised to improve the country’s economy and governance.

At the meeting, the government officials briefed the junta on the country’s financial situation.

They said that the economy was in a difficult state, but that there are some positive signs.

The country, under Ali Bongo, had secured a $500 million debt-for-nature swap deal with Bank of America and The Nature Conservancy.

The deal saw Gabon issue a $500 million blue bond to fund a debt conversion which unlocked more than $160 million of funding for ocean conservation projects in the country.

Bloomberg report that “Gabon bought back $500 million worth of three dollar denominated bonds for $436 million and those bonds – equivalent to about 4% of Gabon’s debt – were exchanged for a new longer-term $500 million loan that was funded, in turn, by an equivalent amount of new so-called blue bonds.

The country’s officials also said that they are working on a plan to improve the country’s investment climate. They believe that this is essential to attracting foreign investment and stimulating economic growth.

They also agreed to make input in preparation of the 2024 finance law.

The junta said that it is committed to reviving the economy and improving the lives of the Gabonese people.

They promised to focus on investment, job creation, and transparency.

After the meeting, the stakeholders agreed ” to propose and develop possible solutions to revive the national economy, define mechanisms aimed at mobilizing state resources in the perspective of the 2024 finance bill, support the populations in terms of investments and other services “.

tracknews.ng.

African men, always with fish brain. Can’t develop nothing.

All the Gabonese want is a working country. No one ever wants thieves as leaders.

If you want to start judging issues with critical thinking, then You must start to fix your mind not solely on actions but more of the sponsoring thought and intentions that births the action itself.

The action is a product of an agenda.

Yes the military is nasty shit,We have been there before, anyone born from say ,1895-1993 will definitely have a good glimpse of what it is to be in the hands of this karky boys.

See this one wey them dey do now,na beans,na product of failed system, if power enter their hand full time nko but what if their intention is quite different from the famous concept??

What if they are just tired of trying something that has been only an agenda for looting and corruption.

This people get mind na

Picture yourself in this scenario.

You give lagbaja money se make him help you do job, Him come squander the money

Or him do one rubbish job for you

E no make sense at all.

What if this guys just wants to give the common man the opportunity to taste the feel of the dividends of democracy??

Let the coupist find immediate ways to create a penal that We put their use of power in check too,let them find ways to create an atmosphere for true accountability to win the trust of their critics.

The political structure this evil leaders have created,is the biggest threat to the survival of the common man in their various Countries.

Politics is not just to win elections, it is supposed to make the lives of the people whom you intend to govern better if you claim its democracy. A people's government.

A customer that is a big part of my business oweing me market and even money for some time now,this nigga na sure nigga,we dey run am for ourself on steady too,good and fine,but how I go take buy market if I no see money

The atmosphere APC continue to create for legit hustling niggas is the biggest threat to the survival of small scale business owners,so I have to understand that shit is really hard for the nigga too

Africa deserves better,the lives of the common man,poor,middle-class matters too.The system only favours politifcians ,the rich and elites.

[quote author=JetApartment post=125686410][/quote]

Please don't beat him, he is still thinking about the song to dedicate to the Coupist

Zooposki:
African men, always with fish brain. Can’t develop nothing.

Well, u re among so ur bra.in is lapata own

Do u know lapata..? Lapata is called tilapia