Guinea: Poverty Reduction Strategy Paper—Joint Staff Advisory Note
July 3, 2013
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This paper presents a Joint Staff Advisory Note on Guinea’s Poverty Reduction Strategy Paper (PRSP). Baseline economic growth is projected to accelerate to 5.2 percent in 2014 and beyond, up from just under 4 percent in 2012. This projection is based on an acceleration of economic growth in the construction sector in response to massive investment outlays by mining companies. Private investment is projected to increase from 17.8 percent of GDP in 2012 to more than 40 percent in 2014. The PRSP proposes a sharp increase in funding for education as a share of total public expenditures over the PRSP period, while total fiscal resources also increase.
Subject: Economic sectors, Education, Health, Mining sector, Poverty, Poverty reduction
Keywords: authorities' effort, CR, democratically-elected government, draft PRSP, fund staff, government, government employee, health strategy objective, ISCR, Mining sector, Poverty reduction, private sector, PRSP period, PRSP Priority Action Plan, revenue, staff, West Africa
Pages:
12
Volume:
2013
DOI:
Issue:
190
Series:
Country Report No. 2013/190
Stock No:
1GINEA2013001
ISBN:
9781484303290
ISSN:
1934-7685
