Guinea-Bissau: Staff-Monitored Program
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Summary:
This paper focuses on the Staff-Monitored Program (SMP) for Guinea-Bissau. The SMP, which covers the period April–December 2005, is based on the budget for 2005. It aims at avoiding new domestic arrears through a cash-rationing system, at improving tax administration and expenditure management, and at laying the basis for main public sector reform programs in the future. Economic policy focuses on rehabilitation of war-damaged infrastructure and on promoting economic growth by eliminating excessive regulation. The program also aims at improving governance.
Series:
Country Report No. 2005/252
Subject:
Arrears Budget planning and preparation Current spending Debt service Expenditure External debt Revenue administration
English
Publication Date:
July 26, 2005
ISBN/ISSN:
9781451815795/1934-7685
Stock No:
1GNBEA2005004
Pages:
54
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