Hidden Bibliographic Details
| Other authors / contributors: | Olters, Jan-Peter, author.
International Monetary Fund.
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| ISBN: | 128089590X
9781280895906
9781451989137
145198913X
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| Notes: | Includes bibliographical references.
Print version record.
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| Summary: | 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.
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| Other form: | Print version: Gabon. Washington, D.C. : International Monetary Fund, 2006
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