Reforming fuel subsidies could help Gabon boost the growth of its economy, the World Bank states. According to the international financial institution, current fuel subsidies in place continue to stifle development, with high fiscal and social opportunity costs leaving the economy susceptible to global price shocks. However, through the implementation of five measures, the country can mitigate such development challenges. According to the World Bank’s recent Gabon Economic Update report, measures that can be implemented
