Key facts
- Gabon's cabinet adopted a draft supplementary 2026 budget.
- Total expenditure was reduced by XAF 863 billion.
Gabon's cabinet has approved a draft supplementary 2026 budget, revising total expenditure down by XAF 863 billion to XAF 5,495.2 billion. Economic growth forecasts were also lowered from 6.5% to 4% due to weaker sector performance.
The revised budget reflects a contractionary fiscal stance, signaling potential austerity measures and a slowdown in economic activity, which could impact public services and investment in Gabon.
Gabon's cabinet has approved a draft supplementary budget for 2026, which includes a significant reduction in total expenditure. The revised budget cuts spending by XAF 863 billion, bringing the total expenditure down to XAF 5,495.2 billion from an initial XAF 6,358.2 billion. This downward revision is attributed to weaker sector performance, leading to a revised economic growth forecast of 4%, a decrease from the previously projected 6.5%. Net budget revenues are also expected to be lower by XAF 879.8 billion compared to the initial budget. Public investment has seen a substantial reduction of XAF 968 billion, although social subsidies are being maintained. Debt servicing remains a significant expenditure, with XAF 1,309 billion allocated for repayments.
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