Gabon; First Review Under the Stand-By Arrangementâ€”Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Gabon

The staff report for the First Review Under the Stand-By Arrangement (SBA) on Gabon focuses on economic developments and policies. The economy is little diversified and heavily dependent on oil production, which is on a downward trend; the debt burden is high; and social indicators are weak. The program supported by the 14-month SBA aims at promoting non-oil GDP growth through wide-ranging structural reforms, while sustaining fiscal adjustment and improving public expenditure management. Progress has been made on the structural front, notably in the forestry sector and in the areas of privatization and budgetary management.

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Year of publication:	2005-01-05
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Staff Reports \| Stand-by arrangement reviews \| debt service \| public debt \| external debt \| current account \| debt sustainability \| domestic debt \| balance of payments \| budget law \| central bank \| public expenditure \| debt ratio \| public sector debt \| external public debt \| taxation \| debt rescheduling \| external financing \| debt sustainability analysis \| debt obligations \| current account balance \| government revenue \| fiscal adjustment \| external debt service \| primary deficit \| budget balance \| tax administration \| public finance \| repurchases \| debt burden \| fiscal consolidation \| fiscal balance \| debt outstanding \| fiscal policy \| foreign debt \| fiscal operations \| current account deficit \| bilateral creditors \| debt ratios \| total external debt \| government budget \| primary fiscal balance \| budget deficit \| long-term debt \| debt stock \| tax revenue \| primary budget balance \| capital expenditure \| debt-service \| short-term debt \| domestic public debt \| capital expenditures \| debt relief \| repayments \| external payments arrears \| external debt sustainability \| payment arrears \| fiscal revenues \| domestic currency \| current account surplus \| fiscal affairs department \| fiscal years \| domestic creditors \| public and publicly guaranteed \| fiscal performance \| external payments \| debt dynamics \| public enterprise debt \| public and publicly guaranteed debt \| fiscal affairs \| public spending \| budget management \| fiscal data \| public expenditures \| primary budget deficit \| budgetary allocations \| official creditors \| interest expenditure \| account deficits \| accumulation of arrears \| fiscal resources \| fiscal surplus \| external technical assistance \| current account surpluses \| domestic saving \| revenue collection \| current account deficits \| imf repurchases \| imf purchases \| external shocks \| fiscal policies \| general resources account \| tax reforms \| private banks \| general budget \| fiscal management \| private creditors \| prudent fiscal policies \| primary expenditure \| tax policy \| budget expenditures \| additional fiscal resources \| tax collection \| fiscal assumptions \| stock of debt \| external payment \| amortization payments \| defense spending \| short-term debts \| medium-term expenditure frameworks

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/3 8 pages long
Source:	RePEc - Research Papers in Economics

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