Guinea-Bissau: 2002 Article IV Consultation–Staff Report

Publication Date:

July 26, 2002

Electronic Access:

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Summary:

This 2002 Article IV Consultation highlights that in 2001, Guinea–Bissau suffered a substantial slowdown in economic activity, with real GDP growth estimated at 0.2 percent, as a result of a sizable loss of foreign program financing, a drop in the international market prices for cashew nuts of about 30 percent, and delays in implementing the demobilization and pre-2000 domestic arrears settlement programs and receiving the concomitant disbursements. Delays in implementing required structural reforms have contributed significantly to Guinea–Bissau’s current difficulties.

Series:

Country Report No. 2002/153

Subject:

English

Publication Date:

July 26, 2002

ISBN/ISSN:

9781451815757/1934-7685

Stock No:

1GNBEA0032002

Pages:

53

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