Gabon: Staff Report for the 2014 Article IV Consultation
Electronic Access:
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Summary:
This 2014 Article IV Consultation highlights that Gabon’s growth performance has recently been strong, but fiscal pressures have increased significantly. Real GDP growth has averaged about 6 percent in the last four years on the back of substantial scaling-up of capital spending as the authorities implement their strategy Plan Stratégique Gabon Emergent to promote economic diversification and growth inclusiveness. The medium-term growth outlook has weakened as a result of the sharp decline in oil prices, but is expected to remain relatively strong. Growth is expected to be driven by a number of projects under way in agro-industry, mining, and wood processing.
Series:
Country Report No. 2015/047
Subject:
External debt Oil prices Prices Public debt Public financial management (PFM) Revenue administration
Notes:
English
Publication Date:
February 25, 2015
ISBN/ISSN:
9781498309165/1934-7685
Stock No:
1GABEA2015001
Pages:
72
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