Gabon To Borrow 100.5 Million Euros To Finance COVID-19 Fight For 45 Days

The Gabonese government has announced it would borrow the sum of 66 billion FCFA (about US$132 million or 100.5 million euros) from the African Development Bank (AfDB) to finance its fight against the COVID-19 pandemic for the next 45 days.

The decision was announced during a cabinet meeting in the country’s capital Libreville August 14, 2020.

It also followed the announcement of the extension of the preventive measures against the pandemic for another forty-five days.

“This resource is intended to support current actions concerning the reinforcement of the sanitary system on the one hand.

“It is also to support households and business enterprises, on the other hand, within the context of the re-launching of the economy and employment”, explained the Presidency of the Republic.

The Council of Ministers meeting, during which the procurement of the new debt was announced, also revealed that to improve the national strategy of the fight against the COVID-19 pandemic, government is “extending the sanitary measures linked to the prevention, fight and retort against the COVID-19 for 45 more days” beginning August 17, 2020.

The COVID-19 situation in the Central African nation with a population of 2.1 million according to 2018 figures, currently stands at 8,270 confirmed infections, 6,404 successfully treated cases and 53 deaths.

Support Our Journalism

There are millions of ordinary people affected by conflict in Africa whose stories are missing in the mainstream media. HumAngle is determined to tell those challenging and under-reported stories, hoping that the people impacted by these conflicts will find the safety and security they deserve.

To ensure that we continue to provide public service coverage, we have a small favour to ask you. We want you to be part of our journalistic endeavour by contributing a token to us.

Your donation will further promote a robust, free, and independent media.

Donate Here

Of course, we want our exclusive stories to reach as many people as possible and would appreciate it if you republish them. We only ask that you properly attribute to HumAngle, generally including the author's name, a link to the publication and a line of acknowledgement. Contact us for enquiries or requests.

Contact Us

Chief Bisong Etahoben

Chief Bisong Etahoben is a Cameroonian investigative journalist and traditional ruler. He writes for international media and has participated in several transnational investigations. Etahoben won the first-ever Cameroon Investigative Journalist Award in 1992. He serves as a member of a number of international investigative journalism professional bodies including the Forum for African Investigative Reporters (FAIR). He is HumAngle's Francophone and Central Africa editor.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Subscribe to our Newsletter

Translate »