Moody’s shifts Gabon outlook to negative, keeps Caa2 rating amid heavy financing needs
Moody’s has affirmed Gabon’s long-term foreign- and local-currency issuer ratings at Caa2 but changed the outlook to negative from stable. The agency cited substantial financing needs—equivalent to roughly 20% of GDP—restricted access to external financing, and the possibility that a public debt audit could uncover additional liabilities. These pre…