IMF Staff Country Reports

Guinea-Bissau: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative

May 14, 2010

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International Monetary Fund. "Guinea-Bissau: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative", IMF Staff Country Reports 2010, 117 (2010), accessed November 7, 2025, https://doi.org/10.5089/9781455203246.002

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Summary

Guinea-Bissau’s 2010 Article IV Consultation and request for a Three-Year Arrangement under the Extended Credit Facility are discussed. Despite the difficult external environment and its political challenges, in 2009, Guinea-Bissau made progress in stabilizing its economy through the Emergency Post-Conflict Assistance-supported program. Real GDP growth reached 3 percent, driven by a favorable cashew harvest and a pickup in construction activity. The main risks relate to political instability, vulnerability to external shocks, and the possibility of inadequate donor support.

Subject: Arrears, Economic and financial statistics, External debt, Government finance statistics, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: Arrears, Bissau, Budget support operation, CR, ECF request, Global, Government finance statistics, Government ministry, Guinea-Bissau, HIPC assistance, IMF staff representative, ISCR, West Africa

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