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The Gabonese Economy in 2008

IEconomic performance in 2008. . 2. Economy and production . Economic performance in 2008 has been influenced by developments in international marketsReal GDP growth fell to 2 percent in 2008 comparatively to 5.6% the previous yearNon-oil growth was robust in the first half of 2008, spurred by h

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The Gabonese Economy in 2008

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    1. The Gabonese Economy in 2008/2009 Jean Eudes Régis IMMONGAULT Financial Advisor to the Minister of Economy, Finance,Budget, Investment Program, in charge of privatizations

    2. I Economic performance in 2008

    3. 2 Economy and production Economic performance in 2008 has been influenced by developments in international markets Real GDP growth fell to 2 percent in 2008 comparatively to 5.6% the previous year Non-oil growth was robust in the first half of 2008, spurred by high oil and commodity prices. It subsequently slowed as Gabon’s three main industries—oil, timber, and manganese—were hard hit by the weakening global economy. Oil production suffered from lower returns in marginal and old fields

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