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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff completes 2024 Article IV mission to Gabon

An International Monetary Fund (IMF) team, led by Ms. Aliona Cebotari, visited Gabon on January 23-February 6, 2024, to meet with the authorities and private sector representatives for the 2024 Article IV consultation

The 2024 Article IV consultation focused on the near-term challenges facing Gabon: strengthening transparency and governance, revitalizing economic growth and stabilizing the budgetary position; The economy has recovered from multiple shocks emanating from the global and domestic economy, with growth expected to settle around 3 percent in 2024-25 and inflation to…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Staff Completes Mission for the First Review of the Extended Fund Facility for the Republic of Gabon

Economic growth is expected to reach 1.5 percent in 2021 and accelerate in 2022 to 3 percent as the recovery gains steam

The Gabonese authorities and IMF staff made significant progress in discussions on the actions needed to complete the first review supported by the Extended Fund Facility (EFF), and on economic policies and structural reforms that could form the basis for the program in 2022. Discussions will continue over the coming…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

Coronavirus - Gabon: International Monetary Fund (IMF) Executive Board Approves a US$152.61 Million Disbursement Under the Rapid Financing Instrument to Gabon to Address the COVID-19 Pandemic

Weaker external demand and a deepening of the impact of the COVID-19 pandemic have further deteriorated growth prospects and worsened external and fiscal positions

This is the second disbursement under the Rapid Financing Instrument (RFI) to help Gabon address urgent balance of payment needs stemming from the COVID-19 pandemic; weaker external demand and a deepening of the impact of the COVID-19 pandemic have further deteriorated growth prospects and worsened external and fiscal positions; the additional resources…