Guinea: Staff Report for the 2003 Article IV Consultation
August 14, 2003
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In 2003, Guinea's macroeconomic management deteriorated significantly, and the prospects for 2003 are uncertain at best. Performance under the 2002–03 poverty reduction and growth facility (PRGF)-supported program is weak. The main challenge is to promote and sustain the strong private sector-led growth that is necessary to achieve the poverty reduction objectives set out in the poverty reduction strategy paper (PRSP). IMF staff urged the authorities to adopt appropriate fiscal and monetary policies and step up the implementation of structural reforms.
Subject: Banking, Exchange rates, Expenditure, Foreign exchange, Health, HIV and AIDS, Inflation, Poverty, Poverty reduction strategy, Prices
Keywords: broad money, CR, Exchange rates, Guinean authorities, HIV and AIDS, Inflation, inflation rate, ISCR, monetary management, Poverty reduction strategy, priority spending, private sector, state, West Africa
Pages:
60
Volume:
2003
DOI:
Issue:
250
Series:
Country Report No. 2003/250
Stock No:
1GINEA0012003
ISBN:
9781451815153
ISSN:
1934-7685
