Gabon: Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Gabon
August 13, 2020
Download PDF
More Formats on IMF eLibrary
Order a Print CopyAlso available infrançais
Also available inSummary
Since the approval of the first RFI request on April 9, 2020 (IMF Country Report No 20/109), weaker external demand and a more pronounced impact of containment measures have further deteriorated growth prospects and worsened external and fiscal positions. The authorities are requesting a purchase under the Rapid Financing Instrument (RFI) of 50 percent of quota (SDR 108 million) to be used as budget support to help address urgent balance of payment (BoP) needs and mitigate the risk of disorderly fiscal or BoP adjustment. This additional request will bring the total purchases under the RFI to 100 percent of quota in 2020.
Subject: Arrears, COVID-19, External debt, Health, Oil prices, Prices, Public debt, Revenue administration
Keywords: Arrears, COVID-19, CR, emergency resource, financing condition, fund's arrears policy, Gabon's request, Global, IMF emergency assistance, IMF lending tracker, ISCR, Oil prices, request, RFI purchase, staff appraisal
Pages:
44
Volume:
2020
DOI:
Issue:
267
Series:
Country Report No. 2020/267
Stock No:
1GABEA2020003
ISBN:
9781513554518
ISSN:
1934-7685
