IMF Staff Country Reports

Gabon: Request for Stand-By Arrangement

June 22, 2004

Download PDF

Preview Citation

Format: Chicago

Gabon: Request for Stand-By Arrangement, (USA: International Monetary Fund, 2004) accessed September 19, 2024

Summary

The staff report for the Request for Stand-By Arrangement on Gabon highlights economic developments and policies. A higher-than-anticipated rise in oil GDP more than offset lower-than-expected growth of non-oil GDP. Overall fiscal performance was strong, as the non-oil primary deficit was reduced by 8.6 percentage points to 8.2 percent of non-oil GDP in 2003. The authorities have strengthened their medium-term program to address the weaknesses in public finances that came to the fore under the staff-monitored program (SMP) and to tackle the impediments to private sector development while improving social indicators.

Subject: Arrears, Banking, Debt service, Expenditure, External debt, Public debt

Keywords: Africa, Arrears, CFAF, CR, Debt, Debt service, Financing, Gabon's economy, Government, ISCR, Medium term program, Oil revenue, Order basis, Payments arrears, SDR, Sub-Saharan Africa

Publication Details

  • Pages:

    122

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/168

  • Stock No:

    1GABEA0032004

  • ISBN:

    9781451813937

  • ISSN:

    1934-7685