Gabon Resident Representative Site
Resident Representative Office in Gabon
This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Gabon and the IMF. Additional information can be found on Gabon and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Gabon.
News and Highlights
With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say as Managing Director Dominique Strauss-Kahn embarks on a three-country visit to the region.
Gabon and The IMF
March 8, 2013
Gabon’s government has launched an ambitious public investment and reform program to transform the central African country into a diversified emerging market economy by 2025. The key, the IMF says in its regular review of Gabon’s economy, lies in implementing the program while managing downside risks.
October 3, 2012
In a new book titled “Oil Wealth in Central Africa: Policies for Inclusive Growth”, several IMF economists analyze the challenges of managing oil wealth in Central Africa and outline policies that could help the region’s five oil producing countries overcome these obstacles.
Regional Economic Outlook for Sub-Saharan Africa
Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 5¼ percent a year in 2012–13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US–the so called fiscal cliff.