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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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
Pages:
114
Volume:
2010
DOI:
Issue:
117
Series:
Country Report No. 2010/117
Stock No:
1GNBEA2010001
ISBN:
9781455203246
ISSN:
1934-7685
