Guinea : Fourth Review under the Extended Credit Facility Arrangement, and Financing Assurances Review -Press Release; Staff Report; and Statement by the Executive Director for Guinea

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

April 16, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Real growth is expected at 5.8 percent in 2020, supported by rebounding mining production and investment-led construction activity. Legislative elections and a referendum for a new constitution will be held in March and presidential elections by end-year. Protests against the referendum are ongoing. Risks of political and social instability are high. Covid-19. The baseline scenario is based on the initial global downward revisions to growth due to the COVID-19 outbreak and assumes no outbreak in Guinea. As of March 10, 2020, there was no declared coronavirus case in Guinea. As the situation evolves, the country authorities and staff are keeping a close watch on macroeconomic developments, needed policy responses, and their impact on financing needs.

Series:

Country Report No. 20/111

Subject:

English

Publication Date:

April 16, 2020

ISBN/ISSN:

9781513540931/1934-7685

Stock No:

1GINEA2020002

Format:

Paper

Pages:

132

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