Guinea-Bissau: Staff-Monitored Program

July 26, 2005

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Guinea-Bissau: Staff-Monitored Program, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

This paper focuses on the Staff-Monitored Program (SMP) for Guinea-Bissau. The SMP, which covers the period April–December 2005, is based on the budget for 2005. It aims at avoiding new domestic arrears through a cash-rationing system, at improving tax administration and expenditure management, and at laying the basis for main public sector reform programs in the future. Economic policy focuses on rehabilitation of war-damaged infrastructure and on promoting economic growth by eliminating excessive regulation. The program also aims at improving governance.

Subject: Arrears, Budget planning and preparation, Current spending, Debt service, Expenditure, External debt, Revenue administration

Keywords: Arrears, Capital contribution, CFA franc, Clearance program, CR, Current spending, Debt relief, Debt service, Debt service, Demobilization expenditure, Financing gap, Government, Government program, Government savings, Guinea-Bissau, ISCR, Support, West Africa

Publication Details

Pages:

54
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/252
Stock No:

1GNBEA2005004
ISBN:

9781451815795
ISSN:

1934-7685

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