Guinea-Bissau: Use of Fund Resources -Request for Emergency Post-Conflict Assistance: Staff Report; Press Release; and Statement by the Executive Director for Guinea-Bissau
IMF Staff Country Reports, February 21, 2008
Source details
- Canonical URL
- Guinea-Bissau: Use of Fund Resources -Request for Emergency Post-Conflict Assistance: Staff Report; Press Release; and Statement by the Executive Director for Guinea-Bissau
Other formats
Bibliographic details
- Published: February 21, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451815856.002
Executive summary and context
- Guinea-Bissau remains fragile after nearly a decade of conflict and political instability.
- Fiscal performance has improved markedly since the new government implemented its emergency fiscal plan.
- The government’s priorities include stabilizing public finances and improving economic management and transparency.
Key findings
- Fiscal performance: Improved markedly following implementation of an emergency fiscal plan.
- Policy focus: Stabilization of public finances; improvement in economic management and transparency.
- Revenue mobilization: Efforts to enhance revenue collection, including improving tax administration, are necessary to boost revenues on a lasting basis.
- Public services and core spending: Improved revenue collection is required to ensure the state has resources to meet its core expenditure needs and provide basic public services.
Policy recommendations and priorities
- Continue implementation of the emergency fiscal plan to sustain fiscal improvement.
- Strengthen revenue administration to achieve durable revenue gains.
- Improve economic management and fiscal transparency to support stabilization and the provision of basic public services.
Thematic tags (as provided)
- Arrears, Emergency assistance, Expenditure, External debt, Fiscal policy, Fiscal stance, Foreign aid, Revenue administration
Content in this bundle
- Executive Summary