Guinea: Staff Report for the Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
IMF Staff Country Reports, March 22, 2002
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- Guinea: Staff Report for the Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
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Bibliographic details
- Published: March 22, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451940473.002
Executive summary
- Examines Guinea’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF).
- The first review of the third annual program supported by the PRGF was completed on December 20, 2000.
- Progress was made on the structural front, but the public enterprise restructuring and privatization program continues to experience delays.
- The new program focuses on maintaining macroeconomic stability and accelerating growth as prerequisites for poverty reduction, consistent with the Interim Poverty Reduction Strategy Paper (I-PRSP).
Major findings
- Structural reforms: Progress achieved on the structural front.
- Public enterprise program: The public enterprise restructuring and privatization program continues to experience delays.
- Program objectives: Emphasis on maintaining macroeconomic stability and accelerating growth as prerequisites for poverty reduction, aligned with the I-PRSP.
Policy focus and implications
- Priority policy areas:
- Maintain macroeconomic stability.
- Accelerate economic growth to support poverty reduction.
- Advance public enterprise restructuring and privatization despite implementation delays.
- Strategic alignment:
- Program consistent with the Interim Poverty Reduction Strategy Paper (I-PRSP).