Guinea : Staff Report for the 1999 Article IV Consultation and Request for the Third Annual Arrangement Under the Enhanced Structural Adjustment Facility

Author/Editor:

International Monetary Fund

Publication Date:

March 8, 2000

Electronic Access:

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Summary:

The Guinean government faced economic management problems. The government revised its budget and adopted fiscal and monetary targets aimed at stopping monetary expansion by scaling back and controlling expenditure to meet revenue. Repayment of government debt to the central bank will increase private sector credit and the rebuilding of foreign exchange reserves. Exchange rate policy must be more clearly defined. Governance issues remain an important concern in Guinea. The enhanced Initiative for Highly Indebted Poor Countries (HIPC) will provide important debt relief to Guinea.

Series:

Country Report No. 00/33

Subject:

Notes:

Included with the Staff Report is the text of Public Information Notice No. 00/18--IMF Concludes Article IV Consultation with Guinea.

English

Publication Date:

March 8, 2000

ISBN/ISSN:

9781451815177/1934-7685

Stock No:

1GINEA0022000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

67

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