Thursday 08, June 2017 by Matthew Amlôt

Moody's: Gabon's credit challenges include reliance on oil and low institutional strength

The Government of Gabon's B1 rating and negative outlook reflect a range of credit challenges, including the country's very low institutional strength, as well as its reliance on oil for growth, exports and government revenues, Moody's Investors Service said in a report this past week.