Gabon: Fitch upgrade, funding search


Issue 467 - 02 Sep 2022 | 1 minute read

Fitch Ratings on 26 August revised Gabon’s long-term foreign-currency issuer default rating to positive from stable and affirmed the rating at B-. The revised outlook reflected improvements in Gabon’s fiscal position, given higher oil revenue and “continued restraint with current spending, anchored by an IMF programme,” Fitch said.

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