Guinea-Bissau: Recent Economic Developments

Publication Date:

December 19, 1995

Summary:

This report describes recent economic and financial developments in Guinea–Bissau, focusing on 1994 and early 1995, and provides statistical coverage from 1990. In 1994, the rate of growth of aggregate economic output exceeded that of the population, the pace of consumer price inflation abated to historic low, and both the fiscal and external current account positions showed further improvement. At end-1994, the economic and financial situation of Guinea–Bissau remained characterized by large domestic and external imbalances, as well as by a heavy burden of external debt service obligations.

Series:

Country Report No. 1995/120

Subject:

Notes:

This report on recent economic developments in Guine-Bissau was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Guinea-Bissau, or the Executive Board of the IMF.

English

Publication Date:

December 19, 1995

ISBN/ISSN:

9781451815689/1934-7685

Stock No:

1GNBEA0011995

Pages:

57

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