{
  "title": "Gabon: Technical Assistance Report-Public Investment Management Assessment",
  "publication": "IMF Staff Country Reports, June 8, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2020/06/08/gabon-technical-assistance-report-public-investment-management-assessment-49484",
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  "summary": "In response to a request from the Gabonese authorities, a 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.",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- 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.\n- The report emphasizes that enhancing the efficiency of public investment is essential given Gabon’s current budget constraints.\n- Improving public investment management (PIM) is expected to help stem declines in public investment efficiency in Gabon."
    },
    {
      "heading": "Key findings and statistics",
      "content": "- Public investment efficiency in terms of infrastructure quality has fallen to half of the expected optimal level.\n- Comparable declines reported:\n  - 20 percent decline worldwide.\n  - 20 percent decline in Sub-Saharan Africa.\n  - 31 percent decline in member states of the Central African Economic and Monetary Union.\n- The PIM assessment reveals structural deficiencies in planning procedures and institutional arrangements."
    },
    {
      "heading": "Structural deficiencies identified",
      "content": "- Deficiencies center on planning procedures.\n- Deficiencies also involve institutional arrangements affecting PIM implementation and efficiency."
    },
    {
      "heading": "Recommendations and priorities",
      "content": "- Eight recommendations are put forward to enhance PIM efficiency in the short and medium terms.\n- Three urgent steps are identified as needed to rationalize planning."
    },
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      "content": "- Pages: 69\n- Volume: 2020\n- Issue: 188\n- Series: Country Report No. 2020/188\n- DOI: https://doi.org/10.5089/9781513546438.002\n- Stock No: 1GABEA2020002\n- ISBN: 9781513546438\n- ISSN: 1934-7685\n\nIMF Staff Country Reports — Gabon: Technical Assistance Report-Public Investment Management Assessment\n\n---\n\n Content in this bundle\n\n- 1gabea2020002\n  - 1gabea2020002 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1gabea2020002 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 8, 2020",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513546438.002",
    "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.",
    "Public investment efficiency in terms of infrastructure quality has fallen to half of the expected optimal level.",
    "Comparable declines reported:",
    "The PIM assessment reveals structural deficiencies in planning procedures and institutional arrangements.",
    "Deficiencies center on planning procedures.",
    "Deficiencies also involve institutional arrangements affecting PIM implementation and efficiency.",
    "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.",
    "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",
    "**1gabea2020002**"
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