Gabon: Technical Assistance Report-Public Investment Management Assessment
IMF Staff Country Reports, June 8, 2020
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- Gabon: Technical Assistance Report-Public Investment Management Assessment
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Bibliographic details
- Published: June 8, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513546438.002
Summary and purpose
- Mission from the Fiscal Affairs Department of the IMF visited Libreville to conduct an evaluation of public investment management using the Public Investment Management Assessment methodology.
- The report emphasizes that enhancing the efficiency of public investment is essential given Gabon’s current budget constraints.
- Improving public investment management (PIM) is expected to help stem declines in public investment efficiency in Gabon.
Key findings and statistics
- Public investment efficiency in terms of infrastructure quality has fallen to half of the expected optimal level.
- Comparable declines reported:
- 20 percent decline worldwide.
- 20 percent decline in Sub-Saharan Africa.
- 31 percent decline in member states of the Central African Economic and Monetary Union.
- The PIM assessment reveals structural deficiencies in planning procedures and institutional arrangements.
Structural deficiencies identified
- Deficiencies center on planning procedures.
- Deficiencies also involve institutional arrangements affecting PIM implementation and efficiency.
Recommendations and priorities
- Eight recommendations are put forward to enhance PIM efficiency in the short and medium terms.
- Three urgent steps are identified as needed to rationalize planning.
Publication and metadata
- Pages: 69
- Volume: 2020
- Issue: 188
- Series: Country Report No. 2020/188
- DOI: https://doi.org/10.5089/9781513546438.002
- Stock No: 1GABEA2020002
- ISBN: 9781513546438
- ISSN: 1934-7685
IMF Staff Country Reports — Gabon: Technical Assistance Report-Public Investment Management Assessment
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- 1gabea2020002