MOODY’S RATING AGENCY IS PESSIMISTIC ABOUT GABON! L’AGENCE DE NOTATION MOODY’S EST PESSIMISTE À PROPOS DU GABON!
English version Moody's has just lowered Gabon's outlook. On June 24, 2026, Moody's affirmed Gabon's long-term foreign and local currency issuer ratings at Caa2. The rating agency changed the outlook from stable to negative. This negative outlook reflects several downside risks for the country: Funding Challenges: Significant funding needs are projected at 15% to 20% of the gross domestic product (GDP) over the next three years, combined with limited access to financing. Debt Audit Risks: There are potential increases in government debt following an ongoing public debt audit, which poses the risk that previously unreported liabilities might surface. Default Risks: These factors heighten the likelihood of the government engaging in further debt exchanges that could be classified as distressed, constituting a default. Banking Exposure: Banks' exposure to government debt already accounts for about 30% of their total assets, which is nearing exposure limits. Th...
