IMF Staff Country Reports

Gabon: Selected Issues

June 20, 2006

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International Monetary Fund. "Gabon: Selected Issues", IMF Staff Country Reports 2006, 232 (2006), accessed April 12, 2025, https://doi.org/10.5089/9781451813999.002

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Also available in: français

Summary

Efficiency and equity reasons suggest placing a high priority on ensuring that fiscal policy is on a sustainable path. This chapter has sought to estimate the sustainable long-term non-oil primary deficit and the optimal adjustment path toward that level. The banks’ inability to monitor effectively the quality of their loan portfolios, paired with the high interest-rate floor on deposits, are key factors behind the very low degree of financial intermediation. The reform of fuel price subsidies in Gabon is necessary to facilitate pro-poor economic growth.

Subject: Energy subsidies, Expenditure, Fuel prices, Oil prices, Prices, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Africa, Asia and Pacific, Chapter II, CR, Energy subsidies, Fiscal surplus, Fuel price subsidy, Fuel prices, Gabon, ISCR, Oil GDP, Oil prices, Oil resource, Price, Public investment spending, Sub-Saharan Africa, Western Hemisphere

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Also available online in French

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