The Global Bank for Development has revealed that Gabon is experiencing a severe cost of fuel subsidies, disproportionately benefiting the wealthiest segment of the population. The report details that 96% of the subsidy funds are allocated to the richest half of the population. This situation is seen as a social inefficiency, designed to alleviate high living costs. The bank emphasizes the imbalance in public resource allocation and the challenges faced by vulnerable populations. The findings underscore a critical need for greater transparency and equitable distribution of resources within Gabon’s public sector.
Source: Gabon Media Time (Gabon)
