Gabon: Gabon: Third Review under the Extended Arrangement Under the Extended Fund Facility, and Requests for Waiver of Nonobservance of Performance Criterion, and Modifications of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Gabon

January 22, 2019

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Summary

Political risks appear to have subsided with the completion of legislative and local elections in October. The economy is slowly recovering, fiscal consolidation has continued, inflation has remained low, and the trade balance has improved. The recovery is expected to firm up in 2019 and the medium-term outlook is still promising, although risks remain mostly tilted to the downside.

Subject: Arrears, Debt service, External debt, Fiscal policy, Fiscal stance, Government debt management, Public financial management (PFM), Revenue administration

Keywords: Africa, Arrears, authority, Central Africa, CR, Debt service, draft budget law, executive board discussion, Fiscal stance, Gabonese authorities, Global, government contract, Government debt management, ISCR, oil revenue management, reform program, safeguarding banking sector stability

Pages:
76
Volume:
2019
DOI:
https://doi.org/10.5089/9781484394397.002
Issue:
017
Series:
Country Report No. 2019/017
Stock No:
1GABEA2019001
ISBN:
9781484394397
ISSN:
1934-7685

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