Mr. Raghani and Mr. Nguema-Affane submitted the following statement:
Our Gabonese authorities would like to thank the Executive Board, Management and Staff for their support to Gabon during this difficult time brought about by the COVID-19 pandemic. The emergency assistance provided under the Rapid Financing Instrument (RFI) in April 2020 in response to the pandemic has been critical to address mitigation costs and catalyze additional external funding to cover the balance of payments and budget needs. Since then, Gabon’s economic outlook has deteriorated, and financing needs have risen. In this context, the authorities are requesting an additional purchase under the RFI in the amount of equivalent to SDR 108 million (50 percent of Gabon’s quota) to close part of the additional financing gap.