## Guinea: Staff Report for the 2003 Article IV Consultation

_IMF Staff Country Reports, August 14, 2003_

## Source details

**Canonical URL:** [Guinea: Staff Report for the 2003 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/guinea-staff-report-for-the-2003-article-iv-consultation-16798)

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## Bibliographic details
- Published: August 14, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451815153.002

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### Macroeconomic overview and program performance
- In 2003, Guinea's macroeconomic management deteriorated significantly.
- Prospects for 2003 are described as uncertain at best.
- Performance under the 2002–03 poverty reduction and growth facility (PRGF)-supported program is weak.

### Main challenges and objectives
- The main challenge is to promote and sustain strong private sector-led growth necessary to achieve the poverty reduction objectives set out in the poverty reduction strategy paper (PRSP).
- Priority areas identified implicitly include restoring macroeconomic management and implementing structural reforms to support private-sector development.

### Policy recommendations (IMF staff urged)
- Adopt appropriate fiscal policies.
- Adopt appropriate monetary policies.
- Step up the implementation of structural reforms.

### Thematic coverage (subjects and keywords listed)
- Subjects: 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.

*Source: Guinea: Staff Report for the 2003 Article IV Consultation*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/guinea-staff-report-for-the-2003-article-iv-consultation-16798_