Gabon: Staff Report for the 2014 Article IV Consultation

February 25, 2015

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Gabon: Staff Report for the 2014 Article IV Consultation, (USA: International Monetary Fund, 2015) accessed November 26, 2024

Also available in: français

Summary

This 2014 Article IV Consultation highlights that Gabon’s growth performance has recently been strong, but fiscal pressures have increased significantly. Real GDP growth has averaged about 6 percent in the last four years on the back of substantial scaling-up of capital spending as the authorities implement their strategy Plan Stratégique Gabon Emergent to promote economic diversification and growth inclusiveness. The medium-term growth outlook has weakened as a result of the sharp decline in oil prices, but is expected to remain relatively strong. Growth is expected to be driven by a number of projects under way in agro-industry, mining, and wood processing.

Subject: External debt, Oil prices, Prices, Public debt, Public financial management (PFM), Revenue administration

Keywords: Africa, Central Africa, CR, Debt, Debt stock, Gabon, GDP, Global, Investment spending, ISCR, Oil price shock, Oil prices, Oil revenue management, Price, Revenue, Sustainability framework

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/047
Stock No:

1GABEA2015001
ISBN:

9781498309165
ISSN:

1934-7685

Notes

Also available in French

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