• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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What will be the main functions of the planned single service window and how will it benefit international investors?

 

Classified by the World Bank as an upper-middle income country, Gabon enjoys an average per capita income – estimated at €8950 in 2013 – that is far higher than the sub-Saharan Africa developing country average of €1212. Oil revenues have sustained the economy, accounting for 56% of total revenues and 80% of total exports by value, according...

A push to realise infrastructure development and management has led the Gabonese government to sharpen its focus on public-private partnerships (PPPs) as a means of sharing the risks and cost of major development initiatives. The government’s plan for achieving emerging market status by 2025, “Emerging Gabon”, emphasises the importance of the...

The country is pressing on with its Emerging Gabon plan (Plan Stratégique Gabon Émergent, PSGE) to reach emerging country status by 2025, but it faces near-term fiscal challenges – in part a result of the necessary high capital spending – as it lays the long-term foundations for sustained economic growth. As of late 2013, the Gabonese government expected increases in...

How is the Gabonese government encouraging growth throughout the country and tackling the specific challenge of decentralising investments?

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