Gabon: Selected Issues

June 20, 2006

Preview Citation

Format: Chicago

Gabon: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 21, 2024

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

Publication Details

Pages:

88
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/232
Stock No:

1GABEA2006001
ISBN:

9781451813999
ISSN:

1934-7685

Notes

Also available online in French

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