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Gabon.

Author: International Monetary Fund. African Department.
Publisher: Washington, D.C. : International Monetary Fund, 2017.
Series: IMF Staff Country Reports; Country Report, no. 17/408.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Economic activity remains subdued. Budget execution has taken place in difficult conditions given recent shortfalls in non-oil revenues and delays in domestic and external financing. Growth is expected to rebound in 2018 due to better prospects in the oil sector, investment in new growth pillars (agribusiness) and a gradual improvement in confidence as the government reduces its domestic arrears. The fiscal and  Read more...
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Additional Physical Format: Print Version:
Gabon.
Washington, D.C. : International Monetary Fund,2017
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. African Department.
ISBN: 1484335694 9781484335697
OCLC Number: 1055827366
Description: 1 online resource (76 pages).
Series Title: IMF Staff Country Reports; Country Report, no. 17/408.

Abstract:

Economic activity remains subdued. Budget execution has taken place in difficult conditions given recent shortfalls in non-oil revenues and delays in domestic and external financing. Growth is expected to rebound in 2018 due to better prospects in the oil sector, investment in new growth pillars (agribusiness) and a gradual improvement in confidence as the government reduces its domestic arrears. The fiscal and external current account balances are improving thanks to strong export growth and a decline in public spending. Program implementation has been broadly satisfactory, with most end-June performance criteria and structural benchmarks met, but substantial risks remain. New external arrears were accumulated.

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