Guinea-Bissau: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative
IMF Staff Country Reports, May 14, 2010
Source details
- Canonical URL
- Guinea-Bissau: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative
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Bibliographic details
- Published: May 14, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455203246.002
Macroeconomic performance and program context
- Program supported by Emergency Post-Conflict Assistance.
- In 2009, Guinea-Bissau made progress in stabilizing its economy through the Emergency Post-Conflict Assistance-supported program.
- Real GDP growth reached 3 percent in 2009.
- Growth drivers cited:
- A favorable cashew harvest.
- A pickup in construction activity.
Main risks and vulnerabilities
- Identified key risks:
- Political instability.
- Vulnerability to external shocks.
- Possibility of inadequate donor support.
Policy implications and requests
- The publication discusses a request for a Three-Year Arrangement under the Extended Credit Facility (ECF).
- The publication discusses a request for additional interim assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative.