European Parliament Library

Gabon :, Second and Third Reviews Under the Stand-By Arrangement and Requests for Waiver of Nonobservance of Performance Criteria and Modification of Performance Criterion: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Gabon

This paper presents key findings of the Second and Third Reviews for Gabon under the Stand-By Arrangement. Performance under the program has been mixed. Non-oil economic growth was robust prior to the onset of the international financial crisis, spurred by high oil and commodity prices. However, little progress has been made to bring the non-oil fiscal deficit to a sustainable position. IMF staff supports the authorities’ request for waivers for nonobservance of the performance criteria and recommends completion of the second and third reviews
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Developments and Program Performance; II. Program Discussions; A. Macroeconomic Framework and Risks to the Outlook; B. The Budget in 2009 and the Medium Term; C. Structural Fiscal Reforms; D. Promoting the Private Sector; III. Program Monitoring and Amendments; IV. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2006-11; 2. Summary of Real Sector Developments, 2007-11; 3. Central Government Accounts, 2007-11 (billion of CFA Francs); 4. Central Government Accounts, 2007-11 (percent of non-oil GDP); 5. Balance of Payments, 2007-11
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (80 p.)
Specific Material Designation
Form Of Item

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