GABON'S BUDGET FOR THE YEAR 2025 HAS JUST BEEN PUBLISHED. BUT WHAT IS A BUDGET? LE BUDGET DU GABON POUR L’ANNÉE 2025 VIENT D’ÊTRE PUBLIÉ. MAIS QU’EST-CE QU’UN BUDGET ?
English version The budget of the Gabonese Republic for the year 2025 has just been published. It was announced for the sum of 4204.9 billion CFA francs. But we notice that even if the regime has changed, Gabon still has the same cash flow problems when it comes to honoring student scholarships or retirees' pensions. But why has Gabon not been able to execute its budgets without problems for decades? 1. What is a budget? The budget for a State is the total revenue it expects to receive and the expenditure it intends to make. It is a document drawn up by the government and voted by Parliament, which provides for and defines the expenditure and revenue that the State will be entitled to commit and collect for the coming year. Most of the resources come from taxes and duties paid by citizens and businesses; and the expenditure corresponds to the money that the State intends to use to finance public action: securit...