Gabon’s municipal councils are taking significant steps in financial management.
The Council Municipal of Makokou has adopted its administrative and management accounts for the 2025 fiscal year, with a balanced budget of 643,404,094 FCFA. This reflects an increase of 44,534,799 FCFA from the previous year, attributed to improved tax collection and economic activity.
Makokou’s Financial Management Shows Improvement
Rita Estelle Milagolo, President of the Council Municipal, emphasized the importance of continuity, responsibility, transparency, and efficiency in managing the commune’s finances. The recent adoption of accounts follows two years of special delegations overseeing the city’s administration.
While Makokou’s accounts did not show a significant surplus or deficit, they indicate a steady financial trajectory. The budget for the 2026 fiscal year has been validated at 743.86 million FCFA, marking a commitment to enhancing municipal services.
Gabon’s Broader Financial Reporting Trends
The adoption of accounts in Makokou aligns with a trend among municipal councils in Gabon, including Libreville, which reported a surplus of 1.31 billion FCFA for 2025. This highlights varying degrees of financial management effectiveness across the country.
As Gabon continues to strengthen local governance, the financial performance of municipal councils will serve as a crucial indicator of progress and accountability.
Next Steps for Makokou’s Financial Strategy
- Implementation of the 2026 budget of 743.86 million FCFA.
- Continued focus on tax collection and economic dynamism.
- Regular financial audits to enhance transparency and accountability.
Gabon’s municipal councils are making strides in financial transparency and management.
