Cover IMF Staff Country Reports
Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 146
Language:
French
Publication Date:
03 Nov 2021
DOI:
https://doi.org/10.5089/9781616352981.002
ISBN:
9781616352981
ISSN:
2790-4458
Pages:
111
Keywords:
authorities' intention; accommodative fiscal policy; Guinean authorities; near-term priority; value chain; money market rate; Mining sector; COVID-19; Debt sustainability analysis; Global; Africa; West Africa
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While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2021: Issue 146