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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.
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ISBN: 1462337457 1462335438 128356727X 9786613879721 1455254363 Year: 2011 Publisher: Washington, D.C. : International Monetary Fund,

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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).

Keywords

Economic indicators --- Debts, External --- Debts, Public --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- International finance --- Investments, Foreign --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Gabon --- Dēmokratia tēs Gkampon --- Gaboen --- Gabon Kyōwakoku --- Gabona Respubliko --- Gabonese Republic --- Gabongo Errepublika --- Gaboni Köztársaság --- Gaboni Vabariik --- Gabono --- Gabonská republika --- Gabonskata republika --- Gabǫ́ǫ́ --- Gaboon --- Gabun --- Gabunische Republik --- Ghabúin --- Gkampon --- Gweriniaeth Gabon --- Habon --- Habonskai︠a︡ Rėspublika --- Pobblaght Ghabon --- Poblachd Ghabon --- Qabon --- Qabon Respublikası --- Repubblica Gabonese --- Republica Gabonesa --- Republik Gabon --- Republika Gabon --- République gabonaise --- Γκαμπόν --- Δημοκρατία της Γκαμπόν --- Габон --- Габонската република --- Габонская Рэспубліка --- ガボン --- ガボン共和国 --- Economic conditions. --- Economic policy. --- Corporate Finance --- Infrastructure --- Public Finance --- Economic Development --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- National Government Expenditures and Related Policies: General --- Investment --- Capital --- Intangible Capital --- Capacity --- Planning Models --- Planning Policy --- Financial Institutions and Services: General --- Public finance & taxation --- Macroeconomics --- Development economics & emerging economies --- Public investment spending --- Public financial management (PFM) --- Public investment and public-private partnerships (PPP) --- Capital spending --- Expenditure --- Public investments --- Finance, Public --- Public-private sector cooperation --- Capital investments --- Expenditures, Public

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