Gabon; Selected Issues and Statistical Appendix
This Selected Issues and Statistical Appendix paper on Gabon reviews management of oil revenues, competitiveness, and growth. The nature of Gabon’s problems has not changed during the past 15 years. The need to diversify the economy and the export base; control fiscal expenditure and the wage bill; carefully assess capital expenditure; and reform public sector enterprises are the challenges that the Gabonese need to be prepared to implement adequately. Gabon faces huge medium-term fiscal constraints imposed by the expected steady decline in oil production and its depletion.
Year of publication: |
2005-05-03
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultations | Economic conditions | Selected issues | Statistical annexes | oil revenues | oil production | fiscal policy | foreign debt | public expenditure | formal sector | fiscal revenue | fiscal policies | taxation | government revenue | world market prices | budgetary discipline | oil prices |
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freely available