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Gabon Plans $2 Billion Overseas Borrowing as Debt Burden Rises
Source: Bloomberg
Sovereign Debt & RatingsFiscal Policy & BudgetCredit & Bond MarketsEmerging Markets
Gabon plans to raise about $2 billion on international markets next year to fund its budget and refinance maturing debt. The planned issuance highlights the country's continued dependence on external borrowing despite a recent audit reducing the estimated stock of outstanding debt.
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