Guinea: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea
IMF Staff Country Reports, December 14, 2020
Source details
- Canonical URL
- Guinea: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea
Other formats
Bibliographic details
- Published: December 14, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513564005.002
Economic performance and outlook
- Real growth is expected to reach 5.2 percent in 2020.
- The severe impact of the pandemic in the country was partially mitigated by a resilient mining sector.
Political developments and implications for stability
- Presidential elections were held on October 18, giving President Condé an outright victory.
- Election results were contested by the opposition and followed by violent demonstrations and unrest.
- Since the Constitutional Court validated the electoral results on November 7, the situation has remained calm.
Program reviews, financing, and policy focus areas
- Content unit covers: Fifth and Sixth Reviews under the Extended Credit Facility (ECF) arrangement; Financing Assurances Review; and Request for Waivers of Nonobservance of Performance Criteria.
- Subject tags included: Debt relief, Expenditure, External debt, Public debt, Revenue administration.
- Keywords listed: asset declaration form, asset declaration regime, CR, draft decree, ECF arrangement, Guinean authorities, ISCR.
Content in this bundle
- Guinea: Staff Report Excerpts