Guinea-Bissau: 2002 Article IV Consultation–Staff Report
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:
Arrears Commercial banks Debt relief External debt Financial institutions Poverty Poverty reduction strategy Revenue administration
English
Publication Date:
July 26, 2002
ISBN/ISSN:
9781451815757/1934-7685
Stock No:
1GNBEA0032002
Pages:
53
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