This web page presents information about the work of the IMF in Gabon, including the activities of the IMF Resident Representative Office. Additional information can be found on the Gabon and IMF country page, including IMF reports and Executive Board documents that deal with Gabon.
At a Glance
- Current membership: 189 countries
- Gabon joined the Fund in September 10, 1963; Article VIII
- Total Quotas: SDR 154.30 Million (as of December 31, 2008)
- Loans outstanding: None
- Last Article IV Consultation: The 2015 Article IV consultation staff report was discussed by the Executive Board on February 19, 2016
Gabon and the IMF
July 8, 2016
Author/Editor: Robert Dippelsman ; Venkat Josyula ; Eric Métreau
Series: Working Paper No. 16/133
June 13, 2016
Author/Editor: Christine Dieterich ; Anni Huang ; Alun H. Thomas
Series: Working Paper No. 16/118
June 8, 2016
Author/Editor: Dalia Hakura ; Mumtaz Hussain ; Monique Newiak ; Vimal Thakoor ; Fan Yang
Series: Working Paper No. 16/111
April 22, 2016
Series: Country Report No. 16/106
March 22, 2016
The IMF’s most recent review of Gabon’s economy shows it’s been hit hard by the oil price decline. In this podcast, we speak with IMF Mission Chief for Gabon, Montfort Mlachila, who says the country can build resilience and revive growth by diversifying its economy.
Regional Economic Outlook for Sub-Saharan Africa
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
Departmental Papers on Africa
The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.