TY - BOOK ID - 138253154 TI - Gabon : 2019 Article IV Consultation, Fourth and Fifth Reviews under the Extended Arrangement under the Extended Fund Facility, and Request for Waiver of Nonobservance of Performance Criteria, and Rephasing of the Remaining Purchases; Press Release; Staff Report; and Statement by the Executive Director. PY - 2019 SN - 1513524518 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Gabon KW - Exports and Imports KW - Macroeconomics KW - Public Finance KW - Statistics KW - Taxation, Subsidies, and Revenue: General KW - International Lending and Debt Problems KW - Debt KW - Debt Management KW - Sovereign Debt KW - National Government Expenditures and Related Policies: General KW - Data Collection and Data Estimation Methodology KW - Computer Programs: Other KW - General Aggregative Models: General KW - Public finance & taxation KW - International economics KW - Econometrics & economic statistics KW - Economic growth KW - Sales tax, tariffs & customs duties KW - Revenue administration KW - Arrears KW - Public debt KW - Public financial management (PFM) KW - Financial statistics KW - External debt KW - National accounts KW - Revenue KW - Debts, External KW - Debts, Public KW - Finance, Public KW - Finance KW - National income UR - https://www.unicat.be/uniCat?func=search&query=sysid:138253154 AB - This paper presents 2019 Article IV Consultation with Gabon and its Fourth and Fifth Reviews Under the Extended Fund Facility (EFF), and Request for Waiver for NonObservance of Performance Criteria, and Rephasing of the Remaining Purchases. Gabon’s performance under the program supported by the IMF’s EFF Arrangement has been broadly satisfactory. Macroeconomic conditions have continued to improve, with growth slowly picking-up, fiscal and external positions improving, and public debt declining. Going forward, bold and ambitious reforms are needed to generate higher, more inclusive, and resilient growth. Sustained implementation of structural reforms is critical. Efforts to close infrastructure gaps, improve human capital, deepen financial intermediation, clear domestic arrears, and enhance governance and anticorruption measures are necessary to improve the business climate and achieve higher and inclusive growth. Efforts should continue to further boost domestic revenue and contain nonpriority spending, while protecting investment and enhancing social protection. Improving public finance management and the efficiency of public investment is also important for growth prospects. ER -