GABON IS ON THE BRINK OF TOTAL ECONOMIC COLLAPSE. LE GABON EST AU BORD DE L'ÉFFONDREMENT ÉCONOMIQUE TOTAL







English version

The SEEG is asking the government to pay its 65 billion CFA francs it owes ; Shell is leaving the country; BNP-Paribas is leaving the country; Robert-services is closing down and Halliburton is also announced as leaving the country. Dear readers, Gabon is on the brink of a total economic collapse. The only question now is whether its government will completely collapse first.
The key word there is "completely," as both the regime and the economy are well into their death throes. Ali Bongo has just lost the presidential election to Jean Ping, but he is clinging to power, refusing to leave and killing people. He has no credibility either inside or outside of the country.

On the economic front, all the rating agencies have downgraded Gabon’s economy and it is no wonder that economic experts are expecting Gabon to default on its debt in the very near future. In short, the country is basically bankrupt. But the question many Gabonese are asking is how is this possible?

Dear readers, going bankrupt is not an easy thing to do when you have had some of the largest oil reserves in the world, but Gabon under the leadership of the Bongo family has managed to do this. The Gabonese people are fed up and they want change as soon as possible. They cannot take another 7 years of Ali Bongo. This would be unbearable!

Ali Bongo is trying to hang on to power, hoping that a recovery in oil prices will allow to him muddle through. But we are saying no, he must go, NOW! Enough is enough!

We will not give up!



French version

La SEEG demande au gouvernement de payer les 65 milliards de francs CFA qu'il lui doit; Shell quitte le pays; BNP-Paribas quitte le pays; Robert-services ferme et Halliburton est également annoncé comme quittant le pays. Chers lecteurs, le Gabon est au bord de l'effondrement économique. La seule question maintenant est de savoir si son gouvernement va complètement s'effondrer avant.

Le mot clé est «complètement», car le régime et l'économie sont bien à l’agonie. Ali Bongo vient de perdre l'élection présidentielle face à Jean Ping, mais il s'accroche au pouvoir, refuse de partir et tue les gens. Il n'a aucune crédibilité, ni à l'intérieur, ni à l'extérieur du pays.

Sur le plan économique, toutes les agences de notation ont déclassé l'économie gabonaise vers le bas, et il n'est pas étonnant que les experts économiques s'attendent à ce que le Gabon ne parvienne plus à rembourser sa dette dans un proche avenir. Bref, le pays est en faillite. Mais la question que de nombreux Gabonais se posent est : comment est-ce possible ?

Chers lecteurs, faire faillite n'est pas une chose facile à réaliser si vous avez eu une des plus grandes réserves pétrolières du monde, mais le Gabon, sous la direction de la famille Bongo, a réussi à le faire. Les Gabonais sont fatigués et ils veulent le changement dès que possible. Ils ne peuvent pas encaisser encore 7 ans d'Ali Bongo. Ce serait insupportable !

Ali Bongo essaie de s'accrocher au pouvoir, espérant que la reprise des prix du pétrole lui permettra de survivre. Mais nous disons non, il doit s’en aller, MAINTENANT ! Ça suffit !

Nous ne lâchons rien !

Comments

  1. Maybe a good time to ask Olam to make public their agreements with the government. Also to disclose the name and identities of the 36,000 Employees it is claiming - from what I know it is around 3000 odd employees. They claim to pay 80+ Millard in salaries - of this what is being paid to the Gabonese and what is being paid to the Indians ??

    Also to work the maths and see how much the country gains from the export of the palm and how much goes to the coffers of Olam.
    Is the Export being done from Gabon - or does Singapore does the export - which basically means does the revenue come to Gabon or does the revenue go to Singapore ?
    It would be a good time to really investigate all these contracts that the Govt. has signed in its haydays !!!

    ANGT - Run by Bechtel has close to 200 Expatriates - and Bechtel is sub-contracting its job to the cheapest bidder. All the money that is being burnt paying all these foreigners - while the people of Gabon lack primary basics like schools, hospitals, water and electricity !!!!

    ReplyDelete
  2. Good suggestions, we will do exactly that!

    Charlie

    ReplyDelete

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