Guinea: Eighth and Final Review Under the Extended Credit Facility Arrangement and Financing Assurances Review, and Request for Extension of the Current Arrangement-Press Release; and Staff Report

November 28, 2016

Preview Citation

Format: Chicago

Guinea: Eighth and Final Review Under the Extended Credit Facility Arrangement and Financing Assurances Review, and Request for Extension of the Current Arrangement-Press Release; and Staff Report, (USA: International Monetary Fund, 2016) accessed November 26, 2024

Also available in: français

Summary

This paper discusses Guinea’s Eighth and Final Review Under the Extended Credit Facility (ECF) Arrangement and Financing Assurances Review, and Request for Extension of the Current Arrangement. Guinea’s medium-term economic prospects are good. Growth is projected to average 5 percent during 2017–20, on the back of higher investments in the mining sector, increases in food production, and better electricity services. The recovery in the agricultural sector will allow the growth rebound to be shared by larger segments of the population, but the sector remains vulnerable to weather-related supply shocks. The IMF staff supports the completion of the eighth review under the ECF arrangement and financing assurances review.

Subject: Arrears, Bank supervision, Banking, External debt, Financial regulation and supervision, Foreign exchange, National accounts, Public financial management (PFM)

Keywords: Africa, Arrears, Authority, Bank supervision, CR, External arrears, Global, Guinean authority, Guinea's economy, ISCR, Issuance, Middle East, Policy, Policy development, Staff appraisal, Sub-Saharan Africa

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/365
Stock No:

1GINEA2016004
ISBN:

9781475557411
ISSN:

1934-7685

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