Gabon : Selected Issues

1GABEA2006001 Image
Price:  $15.00

Release Date: © June, 2006
ISBN : 978-1-45181-399-9
Stock #: 1GABEA2006001
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Fiscal policy




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