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HomeAfricaGabon budgets 6 billion CFA F for economic capital, Port-Gentil

Gabon budgets 6 billion CFA F for economic capital, Port-Gentil

Gabon is to spend 6.076 billion CFA F in 2009, as aga inst 6.033 billion this year, on Port-Gentil, its economic capital, an official s ource told PANA Thursday.

The budget, considered as ambitious, will, among other things, ensure the paymen t of previous debts and the restoration of the work tools, the source indicated.

Being an oil city and a cosmopolitan one, Port-Gentil has a population of 100,00 0 people.

Oil is partly extracted off-shore and refined on the spot, the oil port being lo cated in Cap Lopez.

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