Gabon: How will IMF aid impact the investment environment?
Wood Mackenzie's sister company, Verisk Maplecroft, examines the latest economic developments in Gabon. The IMF has concluded a 3-year aid programme with the country to address its fast deteriorating public finances amid low oil prices. Yet several internal factors will curtail the government’s ability and commitment to implement the Fund’s rescue package. Will IMF presence to bring any tangible improvement to the business climate and investor confidence over the next year? Could austerity measures trigger more strikes, disrupting business continuity?