Guinea: Staff-Monitored Program
Electronic Access:
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Summary:
Guinea is emerging from a prolonged period of political crisis. The new government has taken bold steps to address the serious macroeconomic imbalances. The intention to establish a special fund to govern spending from the recent windfall from the mining sector is commended by Executive Directors. The tightening of monetary policy will help drain the excess liquidity out of the economy. Guinea’s foreign exchange market remains fragmented and underdeveloped. Revision of the mining code is important for establishing a better investment environment and improving governance.
Series:
Country Report No. 2011/251
Subject:
Arrears Banking Budget planning and preparation Economic sectors Expenditure External debt Mining sector Public financial management (PFM)
Notes:
English
Publication Date:
August 11, 2011
ISBN/ISSN:
9781462331468/1934-7685
Stock No:
1GINEA2011001
Pages:
58
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