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The Gabonese economy was gradually recovering from the 2014 oil price shock when it was hit by the Covid-19 pandemic. Decisive confinement measures have helped save lives, but the pandemic and the fall in oil prices have severely hit the economy, increasing unemployment and poverty. With a weak...
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Since the approval of the first RFI request on April 9, 2020 (IMF Country Report No 20/109), weaker external demand and a more pronounced impact of containment measures have further deteriorated growth prospects and worsened external and fiscal positions. The authorities are requesting a...
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This paper highlights Gabon's Request for a Purchase Under the Rapid Financing Instrument (RFI). The coronavirus … continues to monitor Gabon's situation closely and stands ready to provide policy advice and further financial support if needed …
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methodology. The report highlights that enhancing the efficiency of public investment is essential, given Gabon's current budget … constraints. Improving public investment management (PIM) should help stem the declines in public investment efficiency in Gabon …
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This paper discusses Gabon's Request for an Extended Arrangement Under the Extended Fund Facility (EFF). The main goal …
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This paper discusses impact of the falling oil prices on the Gabon's economy. With oil accounting for roughly 40 … percent of its GDP, 45 percent of its government revenues, and nearly 85 percent of its exports in 2014, Gabon's economic …-price declines clearly illustrates the vulnerability of Gabon and other oil-dependent countries in sub-Saharan Africa. The recent oil …
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