IMF Staff Country Reports

Guinea: Request For A Three-Year Arrangement Under The Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea

December 19, 2017

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Guinea: Request For A Three-Year Arrangement Under The Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea, (USA: International Monetary Fund, 2017) accessed November 21, 2024

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Summary

This paper discusses Guinea’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The Guinean economy has rebounded from the adverse impact of the Ebola epidemic, and growth is expected to continue to be sustained supported by buoyant mining activity and the scaling-up of infrastructure investments. The three-year ECF arrangement will help Guinea address a protracted balance of payment need and implement economic policies and reforms to foster higher and broad-based growth. The program will also play a catalytic role in mobilizing donor financing, notably from the World Bank and the European Union.

Subject: Banking, Debt sustainability, Expenditure, External debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Revenue administration

Keywords: Africa, Authority, Central bank, CR, Debt, Debt sustainability, Development agenda, ECF arrangement, ECF-supported program, Global, Guinean authorities, ISCR, Public investment and public-private partnerships (PPP), Reform effort, Sub-Saharan Africa

Publication Details

  • Pages:

    144

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/387

  • Stock No:

    1GINEA2017001

  • ISBN:

    9781484333914

  • ISSN:

    1934-7685