Cover IMF Staff Country Reports
Guinea-Bissau: Second Poverty Reduction Strategy Paper
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2011: Issue 353
Language:
English
Publication Date:
14 Dec 2011
DOI:
https://doi.org/10.5089/9781463928506.002
ISBN:
9781463928506
ISSN:
1934-7685
Pages:
127
Keywords:
ISCR; CR; private sector; absolute poverty; economic growth; management system; reform program; balance of payments; Women; Sub-Saharan Africa
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This paper reports on the economic and financial reforms in Guinea-Bissau. After a long period of recession since the beginning of 2000 followed by a slight recovery in 2007, the economy of Guinea-Bissau has entered a new growth spurt in 2008. The budget deficit, which averaged 10 percent of GDP between 2005 and 2007, has been reduced to 3.2 percent in 2008 and 3.0 percent in 2009 by raising more revenue domestically and by controlling expenses.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2011: Issue 353