Gabon: Selected Issues
Electronic Access:
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Summary:
Efficiency and equity reasons suggest placing a high priority on ensuring that fiscal policy is on a sustainable path. This chapter has sought to estimate the sustainable long-term non-oil primary deficit and the optimal adjustment path toward that level. The banks’ inability to monitor effectively the quality of their loan portfolios, paired with the high interest-rate floor on deposits, are key factors behind the very low degree of financial intermediation. The reform of fuel price subsidies in Gabon is necessary to facilitate pro-poor economic growth.
Series:
Country Report No. 2006/232
Subject:
Energy subsidies Expenditure Fuel prices Oil prices Prices Public investment and public-private partnerships (PPP) Public investment spending
Notes:
Also available online in French
English
Publication Date:
June 20, 2006
ISBN/ISSN:
9781451813999/1934-7685
Stock No:
1GABEA2006001
Pages:
88
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