{
  "title": "IMF Staff Concludes Visit to Guinea-Bissau",
  "publication": "IMF News, October 1, 2019",
  "sourceUrl": "https://www.imf.org/en/news/articles/2019/10/01/pr19360-guinea-bissau-imf-staff-concludes-visit",
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  "summary": "Press Release No. 19/360",
  "publishDate": "2019-10-01",
  "sections": [
    {
      "heading": "Mission overview",
      "content": "- Press Release No. 19/360\n- Mission dates: September 18 to October 1, 2019\n- Mission leader: Ms. Concha Verdugo-Yepes\n- Purpose: preliminary diagnostic of weaknesses in fiscal governance, market regulation, anti-money laundering and anti-corruption policies and practices\n- Note: This mission will not result in a Board discussion."
    },
    {
      "heading": "Key findings and assessments",
      "content": "- Guinea-Bissau faces deeply-rooted problems of weak governance and corruption.\n- These weaknesses need to be addressed to allow Guinea-Bissau to realize its economic potential and improve the living standards of the population.\n- A first step recommended by the IMF mission is to develop a comprehensive national anti-corruption strategy that focuses on:\n  - adopting sound practices related to public financial management,\n  - tax policy,\n  - revenue administration,\n  - rule of law,\n  - anti-corruption, and\n  - anti-money laundering regimes."
    },
    {
      "heading": "Engagement and next steps",
      "content": "- The IMF looks forward to continue to cooperate closely with the authorities as they develop such strategy.\n- The IMF mission expressed gratitude to the authorities for constructive discussions and for their warm hospitality."
    },
    {
      "heading": "Meetings and stakeholders consulted",
      "content": "- Meetings held with:\n  - President José Mário Vaz,\n  - Prime Minister Aristides Gomes,\n  - Minister of Finance Geraldo Martins,\n  - other high-level officials,\n  - representatives of the private sector,\n  - civil society, and\n  - the international donor community."
    },
    {
      "heading": "IMF communications",
      "content": "- IMF Communications Department — MEDIA RELATIONS\n- PRESS OFFICER: Gediminas Vilkas\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- @IMFSpokesperson\n\nIMF Staff Concludes Visit to Guinea-Bissau — Press Release No. 19/360, October 1, 2019.\n\n---\n\n\n References\n\n- Guinea-Bissau and the IMF\n- The IMF and Good Governance -- A Factsheet\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2019/10/01/pr19360-guinea-bissau-imf-staff-concludes-visit"
    }
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    "Published: October 1, 2019",
    "Press Release No. 19/360",
    "Mission dates: September 18 to October 1, 2019",
    "Mission leader: Ms. Concha Verdugo-Yepes",
    "Purpose: preliminary diagnostic of weaknesses in fiscal governance, market regulation, anti-money laundering and anti-corruption policies and practices",
    "Note: This mission will not result in a Board discussion.",
    "Guinea-Bissau faces deeply-rooted problems of weak governance and corruption.",
    "These weaknesses need to be addressed to allow Guinea-Bissau to realize its economic potential and improve the living standards of the population.",
    "A first step recommended by the IMF mission is to develop a comprehensive national anti-corruption strategy that focuses on:",
    "The IMF looks forward to continue to cooperate closely with the authorities as they develop such strategy.",
    "The IMF mission expressed gratitude to the authorities for constructive discussions and for their warm hospitality.",
    "Meetings held with:",
    "IMF Communications Department — MEDIA RELATIONS",
    "PRESS OFFICER: Gediminas Vilkas",
    "Phone: +1 202 623-7100",
    "Email: MEDIA@IMF.org",
    "@IMFSpokesperson",
    "[Guinea-Bissau and the IMF](http://www.imf.org/external/country/GNB/index.htm)",
    "[The IMF and Good Governance -- A Factsheet](https://www.imf.org/en/about/factsheets/sheets/2023/the-imf-and-good-governance)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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