Gabon

We are forecasting Gabon's external debt to fall to 13.5% of GDP in 2012, from 14.7% in 2011. However, given the dependence of government revenue on oil, debt could increase if the... 2011-12-29

Gabon is a member of the central African CFA (XAF) zone. Monetary policy is set by the regional central bank and the XAF is pegged to the Euro, which our global economic team expects... 2011-11-18

On November 9, l'Organisation Nationale Des Employés Du Pétrole (ONEP) came to an agreement with the government and thereby averted a strike, the prospect of which had been hanging... 2011-11-18

We forecast real GDP growth of 5.1% in 2012. This is largely due to nominal oil prices remaining elevated, since oil accounts for 80% of Gabonese exports.

Gabon is building a buffer against external shocks as buoyant oil revenues allow the country to build up international reserves. We expect reserves to hit US$3.8bn in 2011, up from... 2011-09-21

Gabon is at the heart of allegations from the French lawyer Robert Bourgi about corruption between France and its ex-colonies. Although the President Ali Bongo Ondimba will probably... 2011-09-21

BMI View: The Gabonese finance ministry's conservative estimates for oil prices means the fiscal position will remain strong despite the recent sell-off in brent crude. The country's... 2011-08-23