{"id":463498,"date":"2018-11-22T13:21:50","date_gmt":"2018-11-22T13:21:50","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=463498"},"modified":"2018-11-22T13:21:50","modified_gmt":"2018-11-22T13:21:50","slug":"without-ali-bongo-ondimba-the-cabinet-of-ministers-of-gabon-concocts-a-loan","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/11\/22\/without-ali-bongo-ondimba-the-cabinet-of-ministers-of-gabon-concocts-a-loan\/","title":{"rendered":"Without Ali Bongo Ondimba, the Cabinet of Ministers of Gabon concocts a loan"},"content":{"rendered":"
<\/div>

Held Friday, November 16 in Libreville, the first cabinet without the President Ali Bongo Ondimba, hospitalized, adopted a draft text authorizing the State to contract a loan equivalent to 19.8 billion CFA francs from from China Construction Bank Corporation.<\/p>\n

Presented by the Minister of the Economy, Foresight and Development Programming, this operation, according to the executive, is part of the financing plan for the construction of the Palais des Sports Libreville.<\/p>\n

This is the first cabinet meeting held in the absence of Ali Bongo Ondimba since his disputed re-election in August 2016. He was led by his vice-president Pierre-Claver Maganga Moussavou, former “opponent”, following a decision of the Constitutional Court which has expressly reorganized Article 16 of the Constitution in its favor.<\/p>\n

The council also voted a second draft text on the creation of a National Committee on Public Debt (CNDP). “This draft text aims at the appropriation of the Community Regulation on the terms of reference of the public debt and public debt management policy in the CEMAC States. This framework provides for the establishment of a coordinating body for debt policy in each Member State, “he says.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Held Friday, November 16 in Libreville, the first cabinet without the President Ali Bongo Ondimba, hospitalized, adopted a draft text authorizing the State to contract a loan equivalent to 19.8 billion CFA francs from from China Construction Bank Corporation. 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