The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
Economic growth has been robust under favorable conditions in Gabon, but has not been inclusive enough, leaving one-third of its population in poverty. Building larger fiscal buffers, backed by a more prudent fiscal stance, will be critical to withstand possible negative oil price shocks. Efforts are under way to improve the management, and transparency of public finance must be carried out vigorously. Comprehensive policies are needed to support a diversified and more inclusive economic growth that is rich in employment opportunities.