Gabon : Request for Stand-By Arrangement

1GABEA0032004 Image
Price:  $15.00

Release Date: © June, 2004
ISBN : 978-1-45181-393-7
Stock #: 1GABEA0032004
English
Stock Status: On back-order

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Description

The staff report for the Request for Stand-By Arrangement on Gabon highlights economic developments and policies. A higher-than-anticipated rise in oil GDP more than offset lower-than-expected growth of non-oil GDP. Overall fiscal performance was strong, as the non-oil primary deficit was reduced by 8.6 percentage points to 8.2 percent of non-oil GDP in 2003. The authorities have strengthened their medium-term program to address the weaknesses in public finances that came to the fore under the staff-monitored program (SMP) and to tackle the impediments to private sector development while improving social indicators.




More publications in this series: IMF Staff Country Reports