The International Monetary Fund sees Gabon’s economy growing at 0.8 per cent in 2017, down from an earlier forecast of 1 per cent, but expects growth to rebound to 2.7 per cent next year due to recovering oil prices, it said late on Thursday.
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The IMF approved a three-year, $642 million programme in March for the central African OPEC member, which like other oil-dominated economies in the region has struggled due to a decline in world crude prices.
Reuters.
