Gabon: Gabon: Third Review under the Extended Arrangement Under the Extended Fund Facility, and Requests for Waiver of Nonobservance of Performance Criterion, and Modifications of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Gabon

International Monetary Fund

No 2019/017, IMF Staff Country Reports from International Monetary Fund

Abstract: Political risks appear to have subsided with the completion of legislative and local elections in October. The economy is slowly recovering, fiscal consolidation has continued, inflation has remained low, and the trade balance has improved. The recovery is expected to firm up in 2019 and the medium-term outlook is still promising, although risks remain mostly tilted to the downside.

Keywords: ISCR; CR; authority; reform program; safeguarding banking sector stability; executive board discussion; oil revenue management; draft budget law; Gabonese authorities; government contract; Arrears; Government debt management; Debt service; Fiscal stance; Africa; Global; Central Africa (search for similar items in EconPapers)
Pages: 76
Date: 2019-01-22
New Economics Papers: this item is included in nep-mac
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