Cover IMF Staff Country Reports
Guinea: Eighth and Final Review Under the Extended Credit Facility Arrangement and Financing Assurances Review, and Request for Extension of the Current Arrangement-Press Release; and Staff Report
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 365
Language:
English
Publication Date:
28 Nov 2016
DOI:
https://doi.org/10.5089/9781475557411.002
ISBN:
9781475557411
ISSN:
1934-7685
Pages:
85
Keywords:
ISCR; CR; policy; Guinean authority; authority; external arrears; issuance; staff appraisal; policy development; Guinea's economy; Arrears; Bank supervision; Global; Africa; Middle East; Sub-Saharan Africa
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This paper discusses Guinea’s Eighth and Final Review Under the Extended Credit Facility (ECF) Arrangement and Financing Assurances Review, and Request for Extension of the Current Arrangement. Guinea’s medium-term economic prospects are good. Growth is projected to average 5 percent during 2017–20, on the back of higher investments in the mining sector, increases in food production, and better electricity services. The recovery in the agricultural sector will allow the growth rebound to be shared by larger segments of the population, but the sector remains vulnerable to weather-related supply shocks. The IMF staff supports the completion of the eighth review under the ECF arrangement and financing assurances review.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2016: Issue 365