Gabon: 2012 Article IV Consultation

International Monetary Fund

No 2013/055, IMF Staff Country Reports from International Monetary Fund

Abstract: Economic growth has been robust under favorable conditions in Gabon, but has not been inclusive enough, leaving one-third of its population in poverty. Building larger fiscal buffers, backed by a more prudent fiscal stance, will be critical to withstand possible negative oil price shocks. Efforts are under way to improve the management, and transparency of public finance must be carried out vigorously. Comprehensive policies are needed to support a diversified and more inclusive economic growth that is rich in employment opportunities.

Keywords: ISCR; CR; price; investment program; investment; Executive Board assessment; public finance; oil price development; economic development development plan; plan Stratégique Gabon emergent; Public investment spending; Oil prices; Public investment and public-private partnerships (PPP); Oil; Global; Sub-Saharan Africa; Central Africa (search for similar items in EconPapers)
Pages: 78
Date: 2013-03-08
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