Guinea- Bissau: Recent Economic Developments

June 4, 1998

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Guinea- Bissau: Recent Economic Developments, (USA: International Monetary Fund, 1998) accessed September 20, 2024

Summary

This paper describes economic developments in Guinea–Bissau during the 1990s. Following mixed economic performance in 1991–92, a period of financial stabilization in 1993–94 led to an economic program that was supported by a three-year annual arrangement under the Enhanced Structural Adjustment Facility approved in January 1995. After some difficulties in early 1995, the program objectives for budgetary revenue, the external account, and real growth rate were surpassed. Economic developments were generally favorable in 1996 and 1997 although inflation continued to be a source of concern until mid-1997.

Subject: Agricultural commodities, Agroindustries, Banking, Civil service, Commercial banks, Commodities, Consumption taxes, Economic sectors, Exports, International trade, Labor, Tariffs, Taxes

Keywords: Adjustment effort, Africa, Agricultural commodities, Agroindustries, Balances Equation, CFA franc, Civil service, Consumption taxes, CR, Envisaged entry, Exchange rate indicator, Exports, Factor cost, Guinea-Bissau, Guinea-Bissau authorities, Guinea-Bissau peso, ISCR, Rate of inflation, Tariffs, Transmission mechanism, West Africa

Publication Details

Pages:

88
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/040
Stock No:

1GNBEA0011998
ISBN:

9781451815702
ISSN:

1934-7685

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