Gabon

updated:2020-08-03    

 

The Amended Budget Law approved in end-June 2020 proposed the control of non-priority expenditure and redirects savings and development partners support of FCFA 73.9 billion (USD 138.1 million or 0.83 percent of GDP) to COVID-19 related spending. The government also plans to allocate additional FCFA 108 billion (USD 194.1 million or 1.2 percent of GDP) as an economic response, including through food stamps, electricity and water subsidies, direct support to SMEs and tax holidays.



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