Guinea- Bissau: 2017 Article IV Consultation and Fourth Review Under the Extended Credit Facility Arrangement, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau
IMF Staff Country Reports, December 18, 2017
Source details
- Canonical URL
- Guinea- Bissau: 2017 Article IV Consultation and Fourth Review Under the Extended Credit Facility Arrangement, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau
Other formats
Bibliographic details
- Published: December 18, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484333150.002
Macroeconomic outcomes and outlook
- Guinea-Bissau’s commitment to the Extended-Credit-Facility-supported program is strong and the results are apparent.
- The economy is growing strongly and the fiscal position has improved markedly.
- Supported by favorable terms of trade, real GDP growth averaged almost 6 percent in 2015–16.
- The external current account recorded a surplus.
- Inflation was below 2 percent a year.
- The outlook is broadly favorable, with growth projected at 5 percent over the medium term.
Fiscal and public financial management
- Public financial management has improved.
- The 2017 fiscal deficit is projected to fall under 2 percent of GDP.
Subject areas and keywords covered
- Subject: Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM), Revenue administration
- Keywords: authority, baseline debt service, Bissau Guinean authorities, Bissau-Guinean authorities, CR, Europe, Global, Government debt management, government support, ISCR, taxpayer regime, West Africa, West AFRITAC
Publication metadata and identifiers
- Pages: 110
- Volume: 2017
- DOI: https://doi.org/10.5089/9781484333150.002
- Issue: 380
- Series: Country Report No. 2017/380
- Stock No: 1GNBEA2017002
- ISBN: 9781484333150
- ISSN: 1934-7685
- Publication date on landing page: December 18, 2017
- Available also in: português
Source: Guinea- Bissau: 2017 Article IV Consultation and Fourth Review Under the Extended Credit Facility Arrangement, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau (IMF Staff Country Reports 2017, 380).
Content in this bundle
- Country Report