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Gabon: Staff Report for the 2014 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2014 Article IV Consultation highlights that Gabon’s growth performance has recently been strong, but fiscal pressures have increased significantly. Real GDP growth has averaged about 6 percent in the last four years on the back of substantial scaling-up of capital spending as the authorities implement their strategy Plan Stratégique Gabon Emergent to promote economic diversification and growth inclusiveness. The medium-term growth outlook has weakened as a result of the sharp decline in oil prices, but is expected to remain relatively strong. Growth is expected to be driven by a number of projects under way in agro-industry, mining, and wood processing.

Suggested Citation

  • International Monetary Fund, 2015. "Gabon: Staff Report for the 2014 Article IV Consultation," IMF Staff Country Reports 2015/047, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2015/047
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