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Africa > Guinea

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Cover IMF Working Papers
Determinants of Pre-Pandemic Demand for the IMF’s Concessional Financing
Huy Nguyen and Miss Randa Sab
This study focuses on identifying the main factors that influenced country-specific and aggregate demand for IMF concessional financing between 1986 and 2018 and makes within-period and out-of-period forecasts. We find that the external debt level, inflation, and real effective exchange rate are the main economic variables influencing concessional borrowing for most eligible countries. Finally, our approach is able to provide quite accurate country-level and aggregate forecasts for historical financing events prior to the COVID-19 pandemic.
Keywords:
Concessional financing; dynamic factor model; probit regression.; WP; financing arrangement; IMF staff calculation; IMF financing event; factor estimation step; probit regression; Concessional external borrowing; Factor models; Real effective exchange rates; Current account balance; Global
Cover IMF Staff Country Reports
Guinea: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea
International Monetary Fund. African Dept.
Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving President Condé an outright victory. Such results were contested by the opposition and followed by violent demonstrations and unrest. Since the Constitutional Court validated the electoral results on November 7, the situation has remained calm.
Keywords:
ISCR; CR; Guinean authorities; asset declaration form; asset declaration regime; ECF arrangement; draft decree
Cover IMF Staff Country Reports
Guinea: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea
International Monetary Fund. African Dept.
Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving President Condé an outright victory. Such results were contested by the opposition and followed by violent demonstrations and unrest. Since the Constitutional Court validated the electoral results on November 7, the situation has remained calm.
Keywords:
ISCR; CR; Guinean authorities; asset declaration form; asset declaration regime; ECF arrangement; draft decree
Cover IMF Staff Country Reports
Guinea: Technical Assistance Report-External Sector Statistics
International Monetary Fund. Statistics Dept.
The fourth and last technical assistance (TA) mission for the benefit of Guinea, under the project on improving external sector statistics (ESS) in 17 Francophone countries of West and Central Africa, funded by the Japanese government and administered by the IMF, took place in Conakry during August 26–30, 2019. The mission was hosted by the Central Bank of the Republic of Guinea (BCRG), which is the institution responsible for compiling the ESS. The main points addressed by the mission were to support (i) the process of participating in the coordinated direct investment survey (CDIS), (ii) the detailed technical work for improving the current and financial accounts, and (iii) the implementation of recommendations from previous missions.
Keywords:
ISCR; CR; balance of payments software application; BCRG Excel template; balance of payments questionnaire; DSBP methodology; balance of payments directorate; computer application; Coordinated direct investment survey; balance of payments software; CDIS questionnaire; Mining sector; External sector statistics; Foreign direct investment; Balance of payments statistics; Data collection; Central Africa; West Africa; Global
Cover IMF Staff Country Reports
Guinea: Technical Assistance Report-External Sector Statistics
International Monetary Fund. Statistics Dept.
The fourth and last technical assistance (TA) mission for the benefit of Guinea, under the project on improving external sector statistics (ESS) in 17 Francophone countries of West and Central Africa, funded by the Japanese government and administered by the IMF, took place in Conakry during August 26–30, 2019. The mission was hosted by the Central Bank of the Republic of Guinea (BCRG), which is the institution responsible for compiling the ESS. The main points addressed by the mission were to support (i) the process of participating in the coordinated direct investment survey (CDIS), (ii) the detailed technical work for improving the current and financial accounts, and (iii) the implementation of recommendations from previous missions.
Keywords:
ISCR; CR; balance of payments software application; BCRG Excel template; balance of payments questionnaire; DSBP methodology; balance of payments directorate
Cover IMF Staff Country Reports