Gabon's Government Shake-Up After Credit Rating Drop

GabonSat Jan 03 2026
Advertisement
Gabon's President, Brice Oligui Nguema, made a big move. He fired the country's finance minister, Henri Claude Oyima. This happened just days after Gabon's credit rating was downgraded. The rating fell even further into junk status. The president didn't give any reasons for the firing. But, it's clear that the country is facing financial troubles. The new finance minister is Thierry Minko. He has a big job ahead. He will handle the economy, finance, and debt. Plus, he will work on lowering the high cost of living.
Marc Abeghe was also appointed. He will be the deputy minister for the budget. These changes show that Gabon is trying to deal with its financial problems. But, will these changes be enough? Gabon is not alone in facing financial issues. Many countries struggle with debt and high living costs. The question is, can Gabon's new leaders make a difference? Only time will tell.
https://localnews.ai/article/gabons-government-shake-up-after-credit-rating-drop-87279df9

actions