Gabon Plans $2 Billion Overseas Borrowing as Debt Burden Rises Gabon's plan to borrow $2 billion overseas has sparked concerns about the country's mounting debt burden and its implications for investors.
The move comes at a time when the country is already struggling with a significant increase in debt, which has risen by roughly 20% over the past year alone.
The rise of Gabon's debt burden can be attributed to a combination of factors, including declining oil revenues and increased spending.