European Parliament Library

Gabon :, 2010 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Gabon

Abstract
Oil production over the last 40 years has transformed Gabon into a middle-income country; but income inequality is high, and non-commodity sectors are stagnant. Gabon is recovering from the global financial crisis. The recovery to be sustained, with downside risks from commodity prices and possible slippages in policy implementation. The fiscal stance has important implications for domestic stability. Medium-term fiscal consolidation is vital to ensuring fiscal sustainability and external competitiveness as oil production dwindles over time. The authorities have embarked on major reforms of public financial management (PFM)
Table Of Contents
Cover; Content; Executive Summary; I. Introduction; II. Recent Developments and Outlook; III. Policy Discussions; A. Ensuring Fiscal Sustainability and External Competitiveness; Box; 1. Real Exchange Rate; B. Accelerating Growth to Prepare for the Post-oil Era; C. Reforming the Financial Sector; D. Other Issues; IV. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2008-15; 2. Central Government Accounts, 2008-12; 3. Monetary Survey, 2008-12; 4. Financial Soundness Indicators for the Banking Sector, 2003-10; 5. Balance of Payments, 2008-15; 6. External Debt, 2008-12
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (52 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780128356722

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