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ACCORDING TO THE IMF, 60% OF THE INCOME OF THE GABONESE STATE IS IN THE SERVICE OF DEBT. D’APRÈS LE FMI, 60% DES REVENUS DE L’ÉTAT GABONAIS IRONT AU SERVICE DE LA DETTE

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English version
The IMF has just declared that debt service would consume 60% of Gabon’s government revenues. This warning underscores the fact that Gabon’s economy might be overburdened by the high cost of debt servicing.
According to this article published by the Financial Times, Gabon is in the red. In this article, Jan Friederich, a director of the Fitch Rating Agency says: “The long-term forces that are driving up debt are not really under control.”



Version française
Le FMI vient de déclarer que le service de la dette consommerait 60% des revenus de l’Etat gabonais. Cet avertissement souligne le fait que l'économie du Gabon pourrait être accablée par le coût élevé du service de la dette.
Selon cet article publié par le Financial Times, le Gabon est dans le rouge. Dans cet article, Jan Friederich, directeur à la Fitch Rating Agency, déclare: "Les forces à long terme qui font augmenter la dette ne sont pas vraiment sous contrôle".

APPARENTLY, THEY HAVE ALL DECIDED TO WEAR DISGUISES. APPAREMMENT, ILS ONT TOUS DÉCIDÉ DE SE DÉGUISER

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OH, SO FLAVIEN ÉNONGOUÉ IS NO LONGER APOLITICAL? OH, DONC FLAVIEN ÉNONGOUÉ N’EST PLUS APOLITIQUE ?

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SPEAK AGAIN! PARLEZ ENCORE !

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English version
On the North side, Equatorial Guinea. On the south side, Gabon.
Equatorial Guinea exported its first barrel of oil in 1996; 21 years ago (source: Equatorial Guinea: being "off-shore" to remain "national", by Janet Roitman and Gérard Roso)
Gabon exported its first barrel of oil in 1957, by the Petroleum Society of French Equatorial Africa (SPAEF), which will become after independence the Petroleum Company of Equatorial Africa (SPAFE); which will be transformed into ELF and then Total (source: Oil in Gabon, by Jacqueline Bouquerel.
Oil has been coming out of Gabon’s soil for 60 years.
Dear readers, meditate on that!
We will not give up!



Version française
Au Nord la Guinée-Equatoriale, au sud, le Gabon.
La Guinée-Equatoriale a exporté son premier baril de pétrole en 1996 ; il y a 21 ans (source : Guinée-Équatoriale : être « off-shore » pour rester « national », de Janet Roitman et Gérard Roso)
Le Gabon a exporté son premier baril de pétrole en 1957, par la Soci…

WHY IS IT ALWAYS INDEPENDENT MINDS WHO SHOULD ENLIGHTEN THE GABONESE PEOPLE INSTEAD OF THE REGIME? POURQUOI CE SONT TOUJOURS LES ESPRITS INDÉPENDANTS QUI DOIVENT ÉCLAIRER LES GABONAIS À LA PLACE DU RÉGIME ?

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English version
Gabon still claims to be governed by the formula of a parliamentary regime, meaning having a government composed of ministers under the authority of a Prime Minister whose action is controlled by the parliament.
The main responsibility of such a government is to justify its decisions to the parliament which accepts or rejects them on behalf of the sovereign people. In such a system, the Head of State acts as an arbitrator and guarantor of the continuity of the institutions. But that's academic, because the situation on the ground in Gabon is very different.
Any government decision must therefore be explained to the people through the parliament, to determine its political, economic, social or even strategic value in terms of international relations.
When a regime takes a decision as essential as the revision of the pension plan for all workers, without asking the opinion of the first concerned, this means that the country walks on its head.
When in addition, after annou…

A SMALL STUDENT’S WALK. UNE PETITE PROMENADE ÉTUDIANTE

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