DAKAR, Dec 18 (Reuters) – Gabon is planning to introduce a new housing tax in January to finance the Central African oil-producing country’s needs as its debt continues to rise.
The country is facing an acute squeeze on liquidity that has left it increasingly reliant on regional capital markets.
Authorities are working on a tax that will be paid monthly by an owner of a dwelling or a tenant, special adviser Marie-Noelle Ada Meyo said on the Gabon presidency’s social media.
Gabon’s treasury will use the funds to improve public lighting, road maintenance and city cleanliness, Ada Meyo said.
The contribution will vary depending on the area between 1,000 ($1.80) and 30,000 CFA francs…