{
  "title": "Gabon : demande dun achat au titre de linstrument de financement rapide; Rapport du FMI n° 20/109; 3 avril 2020",
  "publication": "IMF Staff Country Reports, April 16, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2020/04/16/gabon-request-for-a-purchase-under-the-rapid-financing-instrument-press-release-staff-report-49336",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2020/04/16/gabon-request-for-a-purchase-under-the-rapid-financing-instrument-press-release-staff-report-49336",
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  "summary": "This paper highlights Gabon’s Request for a Purchase Under the Rapid Financing Instrument (RFI). The coronavirus disease 2019 (COVID-19) pandemic and concurrent collapse in oil prices are expected to put the economy under extreme stress, particularly in a context of limited financial buffers.",
  "sections": [
    {
      "heading": "Contexte et objectif",
      "content": "- Met en lumière la Request for a Purchase Under the Rapid Financing Instrument (RFI) de la République gabonaise.\n- Situation conjoncturelle :\n  - La pandémie de coronavirus disease 2019 (COVID-19) et l’effondrement concomitant des prix du pétrole.\n  - Contexte de marges financières limitées."
    },
    {
      "heading": "Effets attendus des chocs macroéconomiques",
      "content": "- Prévisions qualitatives :\n  - Economic activity will slow.\n  - The fiscal and external positions will weaken.\n  - Significant additional financing needs will emerge.\n- Implications sectorielles et budgétaires :\n  - La baisse des prix du pétrole nécessitera faster fiscal adjustment and economic diversification."
    },
    {
      "heading": "Mesures immédiates et rôle du RFI",
      "content": "- Mesures de court terme prises par les autorités :\n  - Containment measures including border closures and curfews.\n  - Strengthening health policy responses and support for households and firms.\n- Rôle attendu du RFI :\n  - Help create fiscal space for essential COVID19-related expenditure.\n  - Catalyze donor support."
    },
    {
      "heading": "Incertitudes et suivi",
      "content": "- La taille et l’impact des chocs sont subject to a considerable margin of uncertainty.\n- The IMF continues to monitor Gabon’s situation closely and stands ready to provide policy advice and further financial support if needed, in collaboration with other donors.\n- Recommandation opérationnelle : Les autorités should stand ready to suspend all emergency measures once the crisis subsides."
    },
    {
      "heading": "Priorités à moyen terme",
      "content": "- Public debt needs to be put back on a firmly downward path.\n- The decline in oil prices will necessitate faster fiscal adjustment and economic diversification."
    },
    {
      "heading": "Métadonnées clés et thèmes",
      "content": "- Date de publication sur la page : April 16, 2020\n- Pages: 41\n- Volume: 2020\n- Issue: 109\n- Series: Country Report No. 2020/109\n- DOI: https://doi.org/10.5089/9781513540832.002\n- Stock No: 1GABEA2020001\n- ISBN: 9781513540832\n- ISSN: 1934-7685\n- Subject: Arrears, COVID-19, Currencies, External debt, Fiscal policy, Fiscal stance, Health, Money, Oil prices, Prices, Public debt\n- Keywords: Arrears, COVID-19, CR, Currencies, Executive Board discussion, expenditure regulation mechanism, financing, financing gap, Fiscal stance, Global, IMF staff estimate, ISCR, Oil prices, RFI fund\n\nInternational Monetary Fund. Gabon: Request for a Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Gabon, April 16, 2020.\n\n---\n\n Content in this bundle\n\n- 1gabea2020001\n  - 1gabea2020001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1gabea2020001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: April 16, 2020",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513540832.002",
    "Met en lumière la Request for a Purchase Under the Rapid Financing Instrument (RFI) de la République gabonaise.",
    "Situation conjoncturelle :",
    "Prévisions qualitatives :",
    "Implications sectorielles et budgétaires :",
    "Mesures de court terme prises par les autorités :",
    "Rôle attendu du RFI :",
    "La taille et l’impact des chocs sont subject to a considerable margin of uncertainty.",
    "The IMF continues to monitor Gabon’s situation closely and stands ready to provide policy advice and further financial support if needed, in collaboration with other donors.",
    "Recommandation opérationnelle : Les autorités should stand ready to suspend all emergency measures once the crisis subsides.",
    "The decline in oil prices will necessitate faster fiscal adjustment and economic diversification.",
    "Date de publication sur la page : April 16, 2020",
    "Pages: 41",
    "Volume: 2020",
    "Issue: 109",
    "Series: Country Report No. 2020/109",
    "DOI: https://doi.org/10.5089/9781513540832.002",
    "Stock No: 1GABEA2020001",
    "ISBN: 9781513540832",
    "ISSN: 1934-7685",
    "Subject: Arrears, COVID-19, Currencies, External debt, Fiscal policy, Fiscal stance, Health, Money, Oil prices, Prices, Public debt",
    "Keywords: Arrears, COVID-19, CR, Currencies, Executive Board discussion, expenditure regulation mechanism, financing, financing gap, Fiscal stance, Global, IMF staff estimate, ISCR, Oil prices, RFI fund",
    "**1gabea2020001**"
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