## Gabon: Selected Issues

_IMF Staff Country Reports, December 23, 2019_

## Source details

**Canonical URL:** [Gabon: Selected Issues](https://www.imf.org/en/publications/cr/issues/2019/12/23/gabon-selected-issues-48915)

## Other formats

- [Markdown version](/en/publications/cr/issues/2019/12/23/gabon-selected-issues-48915/index.md)
- [Structured JSON version](/en/publications/cr/issues/2019/12/23/gabon-selected-issues-48915/index.json)
- [Bundle manifest](/en/publications/cr/issues/2019/12/23/gabon-selected-issues-48915/bundle-manifest.json)

## Bibliographic details
- Published: December 23, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513524481.002

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### Objective and approach
- Seeks to quantify the impact of governance reforms on growth.
- Uses a dynamic stochastic general equilibrium (DSGE) model calibrated to Gabon to simulate the potential benefits from governance and anti-corruption reforms to growth and public debt.

### Vulnerabilities identified
- Fiscal institutional framework weaknesses constrain effective revenue collection.
- Reduced efficiency of public spending limits fiscal space for priority pro-growth spending.
- Governance and corruption issues impede private investment and private sector activity.

### Key quantitative findings from the DSGE simulations
- Potential additional growth from governance reforms: 0.8 to 1.5 percent per year over the next 10 years.
- Potential decline in debt: 1.0 to 2.0 percent of non-oil gross domestic product per year over the same period.

### Policy implications and recommendations
- Urgent need to improve governance and curb corruption to:
  - Boost domestic revenue.
  - Enhance public finance management.
  - Improve the quality of public spending.
  - Improve the business environment to promote private investment and facilitate private sector activity.

*Source: Gabon: Selected Issues (IMF Staff Country Report), December 23, 2019.*

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## Content in this bundle

- **Gabon: Selected Issues; IMF Country Report No. 19/390; December 4, 2019**
  - [Gabon: Selected Issues; IMF Country Report No. 19/390; December 4, 2019 (Markdown version)](/-/media/files/publications/cr/2019/1gabea2019003.pdf.md){rel="alternate" type="text/markdown"}
  - [Gabon: Selected Issues; IMF Country Report No. 19/390; December 4, 2019 (PDF)](/-/media/files/publications/cr/2019/1gabea2019003.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2019/12/23/gabon-selected-issues-48915_