Gabon: Staff Report for the 2005 Article IV Consultation, Third Review Under the Stand-By Arrangement, and Review of Financing Assurances
Volume/Issue:
Volume 2005
Issue 149
Publication date: May 2005
ISBN: 9781451813975
$20.00
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Topics covered in this book
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Exports and Imports , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , micro-finance institution , government , SDR , revenue , implementation of the program , authorities' intention , Gabon's implementation , appreciation to management , Oil prices , Oil , gas and mining taxes , Sub-Saharan Africa , Central Africa
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Summary
The staff report for the combined consultation and 2005 Article IV Consultation on Gabon highlights economic developments and policies. Preparing Gabon for the post-oil era requires strengthening the efficiency of the public sector and providing a framework for private sector development to raise the productivity of the Gabonese economy. In the public sector, improving expenditure management, especially of public investment, is essential. Gabon remains keen to seek a multiyear follow-up program after the expiration of the Stand-By Arrangement.
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