Guinea : Staff Report for the 2005 Article IV Consultation and Staff-Monitored Program

Author/Editor:

International Monetary Fund

Publication Date:

February 3, 2006

Electronic Access:

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Summary:

This 2005 Article IV Consultation highlights that Guinea’s economic performance has deteriorated in recent years, largely as a result of a weak policy framework and against a background of mounting regional insecurity and low prices for its main commodity exports. Economic growth since 2000 has slowed to an average of about 2.5 percent, inflation accelerated to almost 30 percent, and international reserves fell to less than one month of imports. Real GDP growth is expected to recover moderately in 2005, but little progress is expected in reducing inflation.

Series:

Country Report No. 06/37

Subject:

Notes:

Also available online in French

English

Publication Date:

February 3, 2006

ISBN/ISSN:

9781451815283/1934-7685

Stock No:

1GINEA2006002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

91

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