Guinea: Background Paper
February 7, 1996
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This Background Paper on Guinea highlights that Guinea’s relatively strong macroeconomic performance during 1987–94 allowed for an annual increase in real per capita GDP of 1 percent. On the basis of national account estimates, the growth of value added in the primary sector averaged about 3.7 percent annually during 1986–92 before accelerating to some 5 percent during 1993–94. The buoyancy in the primary sector reflected mainly a strong response of agriculture to economic liberalization and large investments in the agricultural sector.
Subject: Banking, Civil service, Commercial banks, Economic sectors, Exports, Financial institutions, International trade, Labor, Mining sector, Monetary base, Money
Keywords: alumina company, bank financing, Civil service, Commercial banks, company, control procedure, CR, debt service, diamond company, Exports, government, government development expenditure, government operation, government receipts, government transaction, Guinea, Guinean authorities, inflation rate, ISCR, Kindia bauxite company, mining revenue, Mining sector, Monetary base, Sub-Saharan Africa
Pages:
119
Volume:
1996
DOI:
Issue:
007
Series:
Country Report No. 1996/007
Stock No:
1GINEA0011996
ISBN:
9781451815108
ISSN:
1934-7685
Notes
This background paper on Guinea was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Guinea or the Executive Board of the IMF.
