Gabon: Selected Issues and Statistical Appendix

Author: International Monetary Fund

This Selected Issues paper and Statistical Appendix for Gabon discusses fiscal and development issues with a focus on problems caused by Gabon's high dependence on oil, with large oil price-related fluctuations in government revenue and rapidly declining oil production since its peak in 1997. The paper addresses the issue of fiscal and debt sustainability with several existing methodologies, adapted to Gabon's situation of high and declining oil revenue. The fiscal and debt sustainability analysis also takes into account the expected decline in future oil resources.

Volume/Issue: Volume 2002 Issue 094

Publication date: May 2002

ISBN: 9781451813883

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Investments and Securities-General , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , financing , oil revenue , oil GDP , GDP growth , debt-to-GDP ratio , oil price , revenue collection , Fiscal stance , Oil , gas and mining taxes , Public investment spending , Africa

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Summary

This Selected Issues paper and Statistical Appendix for Gabon discusses fiscal and development issues with a focus on problems caused by Gabon’s high dependence on oil, with large oil price-related fluctuations in government revenue and rapidly declining oil production since its peak in 1997. The paper addresses the issue of fiscal and debt sustainability with several existing methodologies, adapted to Gabon’s situation of high and declining oil revenue. The fiscal and debt sustainability analysis also takes into account the expected decline in future oil resources.