Gabon: First Review of the Extended Arrangement under the Extended Fund Facility, Requests for a Waiver for Nonobservance of Performance Criterion, and Modifications of Performance Criteria, and Financing Assurances Review — Press Release; Staff Report; and Statement by the Executive Director for Gabon
IMF Staff Country Reports, December 28, 2017
Source details
- Canonical URL
- Gabon: First Review of the Extended Arrangement under the Extended Fund Facility, Requests for a Waiver for Nonobservance of Performance Criterion, and Modifications of Performance Criteria, and Financing Assurances Review — Press Release; Staff Report; and Statement by the Executive Director for Gabon
Other formats
Bibliographic details
- Published: December 28, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484335697.002
Executive summary and outlook
- Short-term outlook described as challenging.
- A growth rebound in 2018 is expected given:
- recent developments in foreign direct investment inflows, and
- better-than-previously projected activity in the oil and mining sectors.
- Fiscal and liquidity risks highlighted:
- weaknesses in non-oil revenue collections, and
- tight short-term liquidity conditions.
- IMF staff position:
- supports the authorities’ request for the completion of the first review, and
- supports modification of performance criteria (PCs) for end-December 2017.
Key findings and coverage
- Document discusses:
- the First Review of the Extended Arrangement Under the Extended Fund Facility (EFF),
- requests for a waiver for nonobservance of performance criterion (PCs),
- requests for modifications of PCs, and
- a Financing Assurances Review.
- Subject areas listed:
- Arrears, External debt, Government debt management, Oil, gas and mining taxes, Public debt, Public financial management (PFM), Revenue administration, Taxes.
- Keywords explicitly included:
- Arrears, Central Africa, CR, economic recovery plan, end-September IT, Gabon's program, gas and mining taxes, government, Government debt management, IMF staff calculation, ISCR, Oil, public finance management reform, Sub-Saharan Africa, support private sector credit growth.
Document and publication specifics
- Publication date: December 28, 2017
- Pages: 76
- Volume: 2017
- Issue: 408
- Series: Country Report No. 2017/408
- DOI: https://doi.org/10.5089/9781484335697.002
- Stock No: 1GABEA2017002
- ISBN: 9781484335697
- ISSN: 1934-7685
International Monetary Fund. African Dept. "Gabon: First Review of the Extended Arrangement under the Extended Fund Facility, Requests for a Waiver for Nonobservance of Performance Criterion, and Modifications of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Gabon", IMF Staff Country Reports 2017, 408 (2017).
Content in this bundle
- Country Report