Cover IMF Staff Country Reports
Guinea: Staff Report for the 2003 Article IV Consultation
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2003: Issue 250
Language:
English
Publication Date:
14 Aug 2003
DOI:
https://doi.org/10.5089/9781451815153.002
ISBN:
9781451815153
ISSN:
1934-7685
Pages:
60
Keywords:
ISCR; CR; inflation rate; state; broad money; monetary management; private sector; Guinean authorities; priority spending; HIV and AIDS; Poverty reduction strategy; Exchange rates; Inflation; West Africa
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In 2003, Guinea's macroeconomic management deteriorated significantly, and the prospects for 2003 are uncertain at best. Performance under the 2002–03 poverty reduction and growth facility (PRGF)-supported program is weak. The main challenge is to promote and sustain the strong private sector-led growth that is necessary to achieve the poverty reduction objectives set out in the poverty reduction strategy paper (PRSP). IMF staff urged the authorities to adopt appropriate fiscal and monetary policies and step up the implementation of structural reforms.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund