Guinea-Bissau: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau

November 28, 2007

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Guinea-Bissau: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau, (USA: International Monetary Fund, 2007) accessed November 28, 2024

Summary

The staff report for the 2007 Article IV Consultation on Guinea-Bissau highlights post-conflict challenges and recent economic developments. The conflict and ensuing political instability have taken a toll on growth and economic policies, and most macroeconomic indicators have worsened in the post-conflict period. The frequent changes in government have eroded international support. The recently appointed government has adopted an emergency program to address the main sources of fiscal slippages that have gained broad support both domestically and internationally, but significant donor support is still needed to fill the financing gap.

Subject: Arrears, Expenditure, External debt, Public debt, Revenue administration

Keywords: Africa, Arrears, Authorities' effort, Authority, Bissau-Guinean authorities, CR, Exchange regime, Financing needs, Global, Government, Government intervention, Guinea-Bissau authorities, ISCR, Sub-Saharan Africa, West Africa

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/370
Stock No:

1GNBEA2007003
ISBN:

9781451815849
ISSN:

1934-7685

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