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Gabon’s ruling circle will emphasise stability

Monday, December 24, 2018

Significance

The president is currently in Morocco recuperating from a suspected stroke he suffered in Saudi Arabia in October. While the authorities insist Bongo is making a full recovery, speculation over his condition persists.

Impacts

  • While growth of 3.1% is estimated for 2019, uncertainty surrounding Bongo's health could undermine investor sentiment.
  • Economic and social pressures are likely to increase, raising the possibility of widespread strikes and protests.
  • The resignation of the government and formation of a new one, to be approved by the president, could be subject to additional hold-ups.

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